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What is a SPAC? Special Purpose Acquisition Companies Explained

164,329 views

TD Ameritrade

Video Language:

  • English

Caption Language:

  • {{captionLanguage | language_name}} ({{captionLanguage}})

Accent:

  • English (US)

Speech Time:

99%
  • 7:04 / 7:07

Speech Rate:

  • 167 wpm - Fast

Category:

  • Education

Tags :

Intro:

Video Vocabulary

usually

/ˈyo͞oZH(o͞o)əlē/

adverb

Normally; regularly.

contract
noun verb

agreement intended to be legally enforceable. To reduce the amount of.

invests

/inˈvest/

verb

put money into something in hope of making profit.

special

/ˈspeSHəl/

adjective noun

Different, better or greater than normal. Heavily discounted sales item.

management

/ˈmanijmənt/

noun

People who are in control of a business or group.

acquire

/əˈkwī(ə)r/

verb

To get or earn something by thinking or working.

purpose

/ˈpərpəs/

noun verb

reason why something is done etc.. have as intention or objective.

whether

/ˈ(h)weT͟Hər/

conjunction

expressing doubt or choice between alternatives.

typically

/ˈtipik(ə)lē/

adverb

In a normal or usual way.

business

/ˈbiznəs/

noun

Matter that has to be dealt with; task; situation.

warrant

/ˈwôrənt/

noun verb

document issued by legal or government official authorizing police or another body to make arrest. To guarantee or legally swear something.

acquisition

/ˌakwəˈziSH(ə)n/

noun

Process of acquiring; thing that is acquired.

proportional

/prəˈpôrSH(ə)n(ə)l/

adjective

Having a size appropriate to the size of another.

sponsors

/ˈspänsər/

noun other verb

person or organization that pays for or contributes to costs involved in staging sporting or artistic event in return for advertising. People giving money for someone's education. To pay for an event, usually as an advertisement.

account

/əˈkount/

noun verb

A description, often written, of events; report. consider or regard.

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