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unissued stock

   Also found in: 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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Treasury stock is in substance the same as unissued stock.
Changes in corporate capital after formation - treasury stock by Young, Anna D. Gowans / The National Public Accountant
The new stock may be issued as a result of the sale of previously unissued stock or Treasury stock, the exercise of stock options or the exercise of stock warrants that were issued in conjunction with a debt offering.
Reconsolidation of subsidiary corporations; waiver of the 60-month ... by Kramer, Sandra S. / The Tax Adviser
5 percent of UPI's unissued stock, providing a more than $3 million capital infusion.
Profile - United Presidential Life: celebrating 25 years in Kokomo by Nelson, Eric / Indiana Business Magazine
 
 
 
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