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English definition of “tap stock”

tap stock

noun [C or U]
 
 
GOVERNMENT, FINANCE, STOCK MARKET
British government bonds made available over a period of time, whenever the government feels it needs to make them available: The Bank of England takes unsold stock on to its own books and then sells this as a tap stock over a period of time.
(Definition of tap stock from the Cambridge Business English Dictionary © Cambridge University Press)
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