| gen. |
retired securities (1. A situation in which a firm buys back its own stock. A publicly-traded company may retire its stock in order to reduce the number of shares available, with the hope of driving up the price. Alternatively, it may retire securities in order to prevent one or more shareholders from acquiring too large a stake in the company. See also: Self-tender offer. 2. The removal of debt securities from trade due to their maturity. For example, when a bond issue matures, it is obviously no longer traded. The issue is then said to be retired. Farlex Financial Dictionary. й 2012 Farlex, Inc. Alexander Demidov) |
