Unissued Stock Legal Meaning and Definition

Here is a simplified definition of the legal term Unissued Stock.

Unissued Stock
(noun)

Unissued Stock refers to the shares of a company that have been authorized but not yet distributed to the public, investors, or company's own employees. These shares are held back by the company for future use, such as for raising additional capital, fulfilling future obligations, or other strategic plans. Unlike treasury stock, which is issued and subsequently repurchased by the company, unissued stock has never been released into the market.