letter stock


Definition of letter stock

  1. :  restricted and unregistered stock that may not be sold to the general public without undergoing registration

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Origin and Etymology of letter stock

so called from the letter signed by the purchaser stating that the stock is acquired for investment and not for public sale

Seen and Heard

What made you want to look up letter stock? Please tell us where you read or heard it (including the quote, if possible).


to cast off or become cast off

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