Treasury stock
Definition
Stock that has been reacquired by the issuing corporation. While held by the issuer, the stock is considered issued but not outstanding, and is not considered in measuring the value of outstanding common shares.
Definition from Nolo’s Plain-English Law Dictionary
Stock of a private corporation that was issued and then bought back or otherwise reacquired by the corporation.
Definition provided by Nolo’s Plain-English Law Dictionary.
August 19, 2010, 5:26 pm
