The name for shares of a corporation's stock that were issued and then subsequently repurchased by the corporation. American Banker Glossary
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Previously issued stock that has been repurchased by, or donated to, or otherwise reacquired by the issuing firm. Treasury stocks pay no dividends and have no voting privileges. Exchange Handbook Glossary
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Treasury stock UK US noun [U] FINANCE, GOVERNMENT
► in the UK, British government bonds
Financial and business terms. 2012.