Unissued stock is stock that has been authorized in a company's charter, but has never been sold. It differs from Treasury stock (in the UK, Treasury shares, as treasury stock means something else), in that treasury stock has been issued, and bought back by the company, whereas unissued stock has never been issued.
Famous quotes containing the word stock:
“Death and life were not
Till man made up the whole,
Made lock, stock and barrel
Out of his bitter soul,”
—William Butler Yeats (1865–1939)