Business and Personal Finance Dictionary

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• TREASURY STOCK
  
  Is the amount of stock held by a corporation after its issuance. When it is held by the corporation, it is nonvoting and no dividends are paid. These shares may be reissued subsequently for various purposes. At that time, they regain their voting rights and dividend status. These shares may also be permanently retired. See Authorized Shares and Issued Shares for related terms.
  
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