when-issued share Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “when-issued share” in the English Dictionary

"when-issued share" in Business English

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when-issued sharenoun [C]

uk   us   (US also when-issued stock [C or U]) STOCK MARKET
a ​share or ​stock that has ​officialpermission to be ​bought and ​sold but is not yet ​officiallyavailable for ​sale, although ​unofficialtrade has begun: The when-issued ​shares begin ​trading on Tuesday.
(Definition of when-issued share from the Cambridge Business English Dictionary © Cambridge University Press)
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