Definition of “tracking stock” - English Dictionary

business-english dictionary

“tracking stock” in Business English

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tracking stocknoun [ C or U ]

uk us FINANCE, STOCK MARKET

a company's shares that pay out dividends based on how much profit a particular part of the whole company makes, rather than its main shares:

The company issued a tracking stock to highlight the value of a part of the business that had been overlooked.

(Definition of “tracking stock” from the Cambridge Business English Dictionary © Cambridge University Press)