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Treasury shares
/trˈɛʒəri
ʃɛrz/
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Treasury shares
noun
1.
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.
Synonyms:
reacquired stock
,
treasury stock
.
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Etymology of 'Treasury shares'
WordNet 3.0 © 2010 Princeton University
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