A type of stock, now defunct, which allowed a firm to levy additional capital from stockholders by initially offering shares at a discounted price to attract investors.
Related information about assessable stock:
- Assessable Stock Definition | Investopedia
A class of stock in which the issuing company is allowed to impose levies on stockholders for more funds. In the past, there was no restriction on how much ...
- Non-Assessable Stock Definition | Investopedia
A class of stock in which the issuing company is not allowed to impose levies on its shareholders for additional funds for further investment. Non-assessable ...
- Series 63 Study Guide - The Foundation - The Uniform Securities ...
A gift of assessable stock involving an offer and sale; and; A sale or offer of a ... That term, "gift of assessable stock", is more than a little out of tune with the times.
- What Is a Non-Assessable Stock?
In the old days, stocks were assessable, meaning if the company had losses, it could charge (assess) you for your share and you'd have to mail in a check!
- What is assessable stock? definition and meaning
Definition of assessable stock: A type of stock, now defunct, which allowed a firm to levy additional capital from stockholders by initially offering shares at a ...
- Definition of certain terms in relation to assessable stock.
Apr 1, 2012 ... (a) An offer, offer to sell, or offer for sale of securities shall be deemed to be made to the holders of assessable stock of a corporation when such ...
- Why is assessable stock still covered on the Series 63 FINRA exam ...
Based on a little bit of googling, it looks like assessable stock went the ... Throwing this out there: companies like Lloyds of London require its ...
- RCW 21.20.005: Definitions.
A purported gift of assessable stock is considered to involve an offer and sale. Every sale or offer of a warrant or right to purchase or subscribe to another ...