treasury stock

Stock issued by a company but then reacquired and either canceled or held.

• Some states have eliminated this classification and treat such stock as if it is authorized but unissued.

— Also termed treasury security; reacquired stock; retired stock. [Cases: Corporations 72. C.J.S. Corporations § 146–147.]

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词条贡献者

法律翻译David，毕业于美国顶尖的高级翻译学院，专注翻译各类与电子证据开示与文件保全有关的法律文件。