stock issue

Noun

Meaning

(corporation law) the authorization and delivery of shares of stock for sale to the public or the shares thus offered at a particular time

Hypernyms

Examples

Tucker needed this money to get going, so he began raising money by selling dealership rights and floating a $20 million stock issue through the Chicago brokerage firm Floyd D. Cerf. Source: Internet

The brothers sold their patents to the company for $100,000 and also received one-third of the shares in a million dollar stock issue and a 10 percent royalty on every airplane sold. Source: Internet

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