blank stock(redirected from Blank Stocks)
A stock that is issued to investors without any rights attached to it. That is, whether the stock comes with voting rights, guaranteed dividends, or anything else is determined by the board of directors after issue. See also: Blank Check Preferred Stock.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
Stock for which voting powers, preferences, and rights are determined by the issuer's board of directors after the shares have been purchased by subscribers.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.