NOUN | possession | treasury stock, treasury shares, reacquired stock | stock that has been bought back by the issuing corporation and is available for retirement or resale |
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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. | |
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Synonyms | treasury shares, reacquired stock | |
Broader | stock | The capital raised by a corporation through the issue of shares entitling holders to an ownership interest (equity) |
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