word
Business
SPAC
SPAK
/spæk/Listen
Hear it in a clear American voice. Slow it down to catch each syllable.
Syllable breakdown
SPAC
Dictionary meaning
Special Purpose Acquisition Company — a 'blank cheque' shell company raised to acquire a private firm.
Examples
- Many startups chose to go public via SPAC during the 2020–21 boom.
Pronunciation tips
One syllable — spoken as a word 'spak'. Acronym for 'Special Purpose Acquisition Company'.
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