Business Glossary

shares that have been authorized but have not been issued. Assume authorized shares of 500,000 and issued shares of 200,000. The unissued shares are 300,000.

shares of a corporation's stock authorized in its charter but not issued. They are shown on the balance sheet along with shares issued and outstanding . Unissued stock may be issued by action of the board of directors, although shares needed for unexercised employee stock options , rights, warrants, or convertible securities must not be issued while such obligations are outstanding. Unissued shares cannot pay dividends and cannot be voted. They are not to be confused with treasury stock , which is issued but not outstanding.

shares of a corporation's stock authorized in its charter but not issued. They are shown on the balance sheet along with shares issued and outstanding . Unissued shares cannot pay dividends and cannot be voted. They are not to be confused with treasury stock , which is issued but not outstanding.