A contract or agreement to purchase a specific number and kind of shares of stock when it is issued is called a stock:

Name: A contract or agreement to purchase a specific number and kind of shares of stock when it is issued is called a stock:
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Question

Quizplus · Accepted Answer

A subscription is an agreement to purchase stock when it is issued at a later date. A guaranty and warranty are terms more commonly associated with goods or services, and a request does not necessarily imply a commitment or agreement to purchase.

A Contract or Agreement to Purchase a Specific Number and Kind