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TREASURY STOCK
Pronunciation (US): | (GB): |
I. (noun)
Sense 1
Meaning:
Stock that has been bought back by the issuing corporation and is available for retirement or resale; it is issued but not outstanding; it cannot vote and pays no dividends
Synonyms:
reacquired stock; treasury shares; treasury stock
Classified under:
Nouns denoting possession and transfer of possession
Hypernyms ("treasury stock" is a kind of...):
stock (the capital raised by a corporation through the issue of shares entitling holders to an ownership interest (equity))