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

资深译员Sheldon，毕业于亚洲顶尖的高级翻译学院，擅长翻译有关零售和消费品领域的法律文件。