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LSDefine

Simple English definitions for legal terms

unissued stock

Read a random definition: quo jure

A quick definition of unissued stock:

Unissued stock is stock that a company has authorized to sell but has not yet sold to shareholders or other investors. This stock does not receive dividends or have voting rights, and shareholders cannot use it to cast votes in meetings. Unissued stock is calculated by subtracting outstanding stock and treasury stock from authorized stock. It is important to note that unissued stock and treasury stock are not the same thing.

A more thorough explanation:

Definition: Unissued stock refers to the shares of a company that have been authorized for use in the company's charter but have not been sold or issued to shareholders or other investors in the market. This type of stock does not receive dividend payments, does not have voting rights, and does not accumulate.

For example, if a company has 10,000 authorized shares, 5,000 outstanding shares, and 500 treasury shares, the total number of unissued shares would be 4,500. Unissued stock is not represented by stock certificates because it has not been sold.

Unissued stock is different from treasury stock, which refers to shares that have been issued but have been repurchased by the company and are being held in its treasury.

Overall, unissued stock is a type of stock that a company has authorized but has not yet sold or issued to investors. It does not have any voting rights or receive dividend payments until it is sold or issued.

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MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
[] baddestbunny
4:29
let’s get after it boys and girls
Dkk
5:21
I gtg to bed soon.
Dkk
5:22
Big day today. Gunna be a crazy one. I will sleep through the first half.
good morning lsd it is 5 am EST
also jazzy my ndls address went long ages ago i sadly do not think it means anything
my stanford address also went long LOL i think at most it's an indicator it's under review
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