Shares
31Treasury shares — shares issued in the name of the corporation. The shares are considered issued, but not outstanding.Usually refers to stock that was once traded in the market but has since been repurchased by the corporation. Treasury stock not considered when… …
32fully paid shares — Shares where the whole of the issue price has been paid over by the shareholder and there is no further obligation to pay any additional money to the issuer. Dresdner Kleinwort Wasserstein financial glossary See also partly paid shares. Dresdner… …
33partly paid shares — Shares where the shareholder is still liable to pay an additional sum of money to the issuer when the outstanding amount is called by the directors. If the shareholder does not pay the outstanding amount, his share will be cancelled with no… …
34new shares — Shares recently issued by a company; these shares can usually be transferred on renouncable documents. Exchange Handbook Glossary …
35allotted shares — Shares distributed by allotment to new shareholders (allottees). The shares form part of the allotted share capital. See also: issued share capital …
36term shares — Shares that cannot be sold for a given period (term). They are usually shares in a building society that cannot be cashed on demand and consequently carry a higher rate of interest …
37blocked quota shares — shares in a fishery that cannot be subdivided if transferred. The blocked quota has a size limit and the number of blocks an individual can own is limited in a given area. This ensures small units are available for purchase by new entrants to the …
38Performance shares — Shares of stock given to managers on the basis of performance as measured by earnings per share and similar criteria. A control device used by shareholders to tie management to the self interest of shareholders. The New York Times Financial… …
39performance shares — shares of stock paid out to managers only if the company makes certain sales, earnings per share, or other similar criteria. Bloomberg Financial Dictionary …
40registered shares — shares that are issued in a shareholder s name as the holder of record. Bloomberg Financial Dictionary …
