unissued stock

Definition of "unissued stock"
  1. Shares that a corporation is authorized to sell but has not yet sold to anyone
How to use "unissued stock" in a sentence
  1. A large amount of unissued stock provides the company with opportunities for future fundraising.
  2. The board decided to keep a percentage of unissued stock as a strategic move.
  3. Unissued stock is a key part of the corporation's equity base.
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