treasury stock noun Meaning in Cambridge Business English Dictionary
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Meaning of "treasury stock" - Business English Dictionary

treasury stock

noun [U]
 
 
FINANCE
in the US, a company’s shares that it buys back from shareholders, for example instead of paying dividends or when it wants to reduce the number of existing shares: They will hold the majority of the shares as treasury stock.
(Definition of treasury stock noun from the Cambridge Business English Dictionary © Cambridge University Press)
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