de⋅list
[dee-list] 
| 1. | to delete from a list, as one that indicates acceptability, legitimacy, or the like. |
| 2. | to withdraw or remove (a security) from the group listed with a particular stock exchange. |
Based on the Random House Dictionary, © Random House, Inc. 2009.
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| de·list (dē-lĭst') tr.v. de·list·ed, de·list·ing, de·lists To remove from a list, especially from a list of securities that may be traded on a stock exchange: delisted the stock. |
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Published by Houghton Mifflin Company. All rights reserved.
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Delisting
The removal of a listed security from the exchange on which it trades. Stock is removed from an exchange because the company for which the stock is issued, whether voluntarily or involuntarily, is not in compliance with the listing requirements of the exchange.
Investopedia Commentary
The reasons for delisting include violating regulations and/or failing to meet financial specifications set out by the stock exchange. Companies that are delisted are not necessarily bankrupt, and may continue trading over the counter.
In order for a stock to be traded on an exchange, the company that issues the stock must meet the listing requirements set out by the exchange. Listing requirements include minimum share prices, certain financial ratios, minimum sales levels, and so on. If listing requirements are not met by a company, the exchange that lists the company's stock will probably issue a warning of non-compliance to the company. If the company's failure to meet listing requirements continues, the exchange may delist the company's stock.
Related Links
The Dirt On Delisting
See also: Bankruptcy, Deleted, Nasdaq, New York Stock Exchange - NYSE, Over The Counter Bulletin Board - OTCBB, Over-The-Counter - OTC, Pink Sheets
Also spelled: delist, delisted
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