Treasury stock
Treasury stock is stock that has been issued but has been bought back by the corporation or received as a gift.
Definitions
According to College Accounting: A Practical Approach by Slater (13th edition),
- Treasury stock. Stock that has been issued but has been bought back by the corporation or received as a gift.
According to the Strategic Management by David and David (15th edition),
- Treasury stock. An item in the equity portion of a balance sheet that reveals the dollar amount of the firm's common stock owned by the company itself.
Related concepts
- Accounting (alternatively known as accountancy) is management of financial data, information, and knowledge about financial transactions of legal entities. Accountancy tends to include bookkeeping and, depending on a particilar enterprise, may also include quatitative analysis of financial data in the bookkeeping system and/or business intelligence.
