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.
Iâve adapted Michelleâs Buttermilk Lemon Sherbet recipe to make a dairy-free sherbet (itâs also vegan now) for a couple of reasons: my dear mother-in-law is lactose intolerant so I thought I would offer her a simple alternative to ice cream, and two because I was totally out of buttermilk (related: 5 Homemade Buttermilk Substitutes) and almost out ...