treasury stock

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Definitions from WordNet

Noun treasury stock has 1 sense

treasury stock, treasury shares, reacquired stock - 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
--₁ is a kind of stock

Definitions from the Web

Treasury Stock

Description: Treasury stock refers to the shares of a company's own stock that it has purchased and is currently holding in its own treasury. These shares are no longer considered as outstanding shares and do not pay dividends or have voting rights.

Sense 1: As a noun, treasury stock represents the company's own shares of stock that have been repurchased and are held in its treasury.

Example sentence: The company decided to repurchase some of its outstanding shares and hold them as treasury stock to boost shareholder value.

Sense 2: As a noun, treasury stock can also refer to the accounting entry representing the cost of the company's own shares that have been repurchased.

Example sentence: The net income was adjusted to include the decrease in the value of treasury stock as recorded in the company's financial statements.