Half-stock
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Copyright © 2012, Campbell R. Harvey. All Rights Reserved.
Half-Stock
Informal; common stock or preferred stock with a face value of $50. Most stocks, when they have a face value at all, are issued with a face value of $100; thus, stock issued at $50 is called "half stock." It is important to note that stocks rarely have face value anymore.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved