Unissued Stock Definition and Legal Meaning
On this page, you'll find the legal definition and meaning of Unissued Stock, written in plain English, along with examples of how it is used.
What is Unissued Stock?
(n) It is the portion of share of stock which is not issued to public. In many companies they issue the portion of the authorized to the public when it require capital. Balance of the authorized capital is kept towards the future capital requirement. These shares are never issued in the past as against the treasury stock which was issued but re-purchased.