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Definition: IPO

(1) (Input Process Output) The primary operation of a computer or mobile device as well as the basic logic of application software. It accepts input (I); performs some kind of processing (P) on the input and outputs (O) the results.

(2) (Initial Public Offering) The first time a company offers shares of stock to the public. While not a computer term per se, many founders, employees and insiders of computer companies have found this acronym more exciting than any tech term they ever heard.