assessable stock

Stock that is subject to resale by the issuer if the holder fails to pay any assessment levied on it. [Cases: Corporations 175. C.J.S. Corporations § 316.]

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词条贡献者

法律翻译王漾，在一家顶尖英国律师事务所的上海办公室担任全职法律翻译，专注翻译各类与大中华业务有关的法律文件。