Definitions
There is 1 meaning of the phrase
Letter Stock.
Letter Stock - as a noun
Stock that has not been registered with the securities and exchange commission and cannot be sold to the general public
Example Sentences
"The company issued letter stock to its employees as part of their compensation package."
"Investors were hesitant to purchase the letter stock due to its limited voting rights."
"The letter stock was classified as a lower tier of shares in the company."
"Shareholders with letter stock had restricted access to certain company information."
"The letter stock provided a higher dividend yield compared to other classes of shares."
