Definition of Assented stocks

a
b
c
d
e
f
g
h
i
j
k
l
m
n
o
p
q
r
s
t
u
v
w
y
z

search

TeachMeFinance.com




historic definition...

Assented stocks -- (or bonds ) . Stocks or bonds deposited under an agreement by which the owners assent to some change in the status of the securities. In reorganizations that are voluntary, or in other words, without foreclosure or other legal process, the owners assent to the exchange of their stocks or bonds, or both, for new issues, perhaps less in amount and perhaps receiving less in dividends or interest.



About the author

Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


Copyright © 2007 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional financial or legal advice. TeachMeFinance.com and its owner recommend consultation with a professional financial advisor prior to any investment or financial decision. Please read our disclaimer.