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treasury stock

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treasury stock

–noun
outstanding shares of stock reacquired and held by the issuing corporation.

Origin:
1900–05, Americanism
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
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Financial Dictionary

treasury stock

The shares of a firm's stock that have been issued and then repurchased. Treasury stock is not considered in paying dividends, voting, or calculating earnings per share. It may be retired or reissued. See also retirement 2.

Wall Street Words: An A to Z Guide to Investment Terms by David L. Scott.
Copyright © 2003. Published by Houghton Mifflin.
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Legal Dictionary

Main Entry: Treasury stock
see STOCK
Merriam-Webster's Dictionary of Law, © 1996 Merriam-Webster, Inc.
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