| 词汇 | promotional stock |
| 释义 | `1`promotional stock`2` "LAW.COM Dictionary": n. stock issued in a newly formed corporation and given to a promoter (organizer) of the corporation in payment for his/her efforts in putting the company together and locating shareholders or other funding. Most states (and the federal Securities and Exchange Act) limit promotional stock to an amount reasonable for the effort since it is not backed by assets or money. See also: promoter |
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