Noun: treasury stock tre-zhu-ree stók
- 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
"The company's buyback program increased its treasury stock, giving it more flexibility for future financial decisions";
- treasury shares, reacquired stock
Derived forms: treasury stocks
Type of: stock
Encyclopedia: Treasury stock