Meaning of “outstanding issue” in the English Dictionary

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"outstanding issue" in Business English

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outstanding issuenoun [ U ]

uk us

FINANCE the total number of shares held by a company's shareholders at a particular time, which may be less than authorized issue (= the number it is allowed to sell):

If their holdings exceed 5% of the total outstanding issue they are required to file a Schedule 13D with the SEC.

(Definition of “outstanding issue” from the Cambridge Business English Dictionary © Cambridge University Press)