Business / Taxes / Stub Stock: When a company has a negative net worth as a result of being bought out or going bankrupt, it may convert some of the bonds it has issued into shares of common stock. Perhaps because each share is worth only a portion of the original bond’s value, this new stock is known as stub stock. The issuing company’s financial instability makes stub stock a volatile investment. But if the company regains its strength, stub stock can increase dramatically in value.
Stock Verb Synonyms: supply, store, inventory, stockpile, reserve, reservoir, cache, hoard, wares, merchandise, goods, selection, assortment, range, variety, array
Stock Adjective Synonyms: livestock, (domestic or farm) animals, cattle, beasts, horses, cows, oxen, sheep, goats
Stock Noun Synonyms: pedigree, bloodline, house, dynasty, (line of) descent, genealogy, extraction, roots, lineage, family, ancestry, parentage, breeding, heritage
Business / Accounting / Stock: This can refer to the shares of a limited company (see Shares ) or goods manufactured or bought for re-sale by a business. MORE
Business / Accounting / Statement Of Stockholders Equity: A financial statement that reports all changes in stockholders' equity. MORE