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treasury stock

/ˌtrɛʒəri stɑk/
IPA guide

Definitions of treasury stock
  1. noun
    stock that has been bought back by the issuing corporation and is available for retirement or resale; it is issued but not outstanding; it cannot vote and pays no dividends
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    type of:
    stock
    the capital raised by a corporation through the issue of shares entitling holders to an ownership interest (equity)
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