letter stock
Americannoun
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
In mid-December, the company and 16 of its officers and shareholders sold 316,585 shares of letter stock at about $43 to banks, mutual funds and insurance companies.
From Time Magazine Archive
Not only were they backed by a company under investigation, but they were "letter stock."
From Time Magazine Archive
The SEC reports that Mates has a large amount of letter stock in his portfolio.
From Time Magazine Archive
Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.
