Treasury stock is
A)stock issued by the U.S.Treasury Department.
B)stock purchased by a corporation and held as an investment in its treasury.
C)corporate stock issued by the treasurer of a company.
D)a corporation's own stock, which has been reacquired and held for future use.

Question

Quizplus · Accepted Answer

Treasury stock refers to shares that were once a part of the outstanding shares of a corporation but were later reacquired by the corporation itself. These shares are held in the company's treasury and can be reissued or retired.

Treasury Stock Is