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listed security

A security accepted for trading on a securities exchange. • The issuing company must have met the SEC’s registration requirements and complied with the rules of the particular exchange. — Also termed listed stock. See DELISTING. [Cases: Exchanges 13.10. C.J.S. Exchanges §§ 17–18.]

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delisting

delisting, n. The suspension of the privilege of having a security listed on an exchange. • Delisting results from failing to meet the exchange’s listing requirements, as by not complying with the minimum net-asset requirement. Cf. DEREGISTRATION. [Cases: Exchanges 13.10. C.J.S. Exchanges §§ 17–18.] — delist, vb.

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