Meaning of “Treasury stock” in the English Dictionary

"Treasury stock" in Business English

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Treasury stocknoun [ U ]

uk us FINANCE, GOVERNMENT

in the UK, British government bonds

treasury stocknoun [ U ]

uk us 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” from the Cambridge Business English Dictionary © Cambridge University Press)