/ English Dictionary |
LETTER STOCK
Pronunciation (US): | (GB): |
I. (noun)
Sense 1
Meaning:
Stock that has not been registered with the Securities and Exchange Commission and cannot be sold to the general public
Classified under:
Nouns denoting possession and transfer of possession
Hypernyms ("letter stock" is a kind of...):
letter security (a stock or bond that is not registered with the Securities and Exchange Commission and cannot be sold in the public market)