Examples of Assessable stock in a sentence
Assessable stock was a type of equity that was normally offered at a discounted price, but with the caveat that the company who sold the stock could require shareholders to pay up to the difference between the discounted purchase price and initial face value of the stock, thereby adding another layer of potential liability for shareholders (Hill and Painter 2010 - pp.
Exhibit FF.8 It still falls short of the amount necessary to pay the amended proof of claim.
Assessable stock of any such cor poration offered or sold at public auc tion or otherwise for the purpose of realizing the amount of an assessment levied thereon, or reoffered to the public by an underwriter or dealer.