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unissued stock
(redirected from unissued capital stock)

   Also found in: Dictionary/thesaurus, Financial, Wikipedia 0.01 sec.

unissued stock n. a corporation's shares of stock which are authorized by its articles of incorporation, but have never been issued (sold) to anyone. They differ from "treasury stock," which is stock that was issued and then reacquired by the corporation. (See: stock, corporation, treasury stock)



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Mitek will benefit greatly from the reacquisition of its stock, which will be retired and returned to authorized, unissued capital stock," added Thornton.
Mitek will benefit greatly from the reacquisition of its stock, which will be retired and returned to authorized, unissued capital stock," added Thornton.
To combine all authorized but unissued capital stock including common and preferred stock into a single category of no par value capital stock, which may be subsequently designated into separate classes or series of classes of common and/or preferred by resolution of the board of directors; and d.
 
 
 
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