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SPAC

[ es-pee-ey-see, spak ]
/ ˈɛsˈpiˈeɪˈsi, spæk /
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noun Finance, Investing.
special-purpose acquisition company: a company set up solely to raise capital in order to invest in or purchase an existing company.
QUIZ
WILL YOU SAIL OR STUMBLE ON THESE GRAMMAR QUESTIONS?
Smoothly step over to these common grammar mistakes that trip many people up. Good luck!
Question 1 of 7
Fill in the blank: I can’t figure out _____ gave me this gift.
Also called blank-check com·pa·ny [blangk-chek-kuhm puh nee] /ˈblæŋk ˈtʃɛk ˌkʌm pə ni/ .
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
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