guaranteed stock

American  

noun

1. stock for which dividends are guaranteed by a company other than the one issuing the stock.

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Etymology

Origin of guaranteed stock

First recorded in 1890–95

Example Sentences

“I don’t know anything, and I don’t know anything because they have left absolutely everything until the last moment,” said Charlie Allen, managing director of Shiner, a Bristol-based skateboard distributor that promises “guaranteed stock” and “timely replenishment.”

From Washington Post

The rate of interest on consols being now two and one-half per cent, the new guaranteed stock might be issued at two and one-half, instead of two and three-fourths as proposed, and by this means the decadal reductions, instead of being abolished as the bill provides, might be allowed at the rate of eight per cent; or, at the option of the purchaser, the period during which his annuity would be payable could be shortened by about ten years.

From Project Gutenberg

And 10,000 shares of Lojas 7% "guaranteed" stock, which Jim could not sell in 1929, now pays a fat 12%.

From Time Magazine Archive

"Glenmutchkins—guaranteed stock, 5 premium, ex div.," said a ninth.

From Project Gutenberg

That special guaranteed stock broke—never to rally in time to save me—sixty-five points.

From Project Gutenberg