Celka Unissued stock is stock that has been authorized by a company’s board of directors but has not yet been issued or sold to investors. Companies will often authorized the issuance of additional shares of stock prior to an actual need to sell them in order to give the company flexibility in the future. For example, … Read more
A quasi-public corporation is a type of corporation that is publicly owned but which is not subject to the same level of government regulation as a traditional public corporation. Quasi-public corporations are typically created by government entities in order to provide a public service or to promote a particular public policy goal. One example of … Read more
