See initial public offering. When a company reaches a certain stage in its growth, it may decide to issue stock, or go public, with an initial public offering (IPO). The goal may be to raise capital, to provide liquidity for the existing shareholders, or a number of other reasons.
Sherbet (often pronounced sherbert in American English) is a frozen dessert made from iced sweetened fruit juice or puree. Sherbets usually have more ingredients, such as milk, egg whites, or gelatin, than sorbets, which are generally made from iced fruit puree and other ingredients.
Now letâs look at some of the differences between Sherbet and Sorbet. Well, one of the basic differences between the two frozen deserts is that sherbet contains milk, or some other type of fat. Sorbet does not contain any type of dairy product. Sherbet may also contain egg.