bonus stock Hear it!

bonus stock definition - legal

n

Extra shares of stock, usually common stock, given without payment or other consideration by a corporation along with a bond or other stock, usually preferred stock, as an incentive for the public to purchase the bond or other stock.

Webster's New World Law Dictionary Copyright © 2006 by Wiley Publishing, Inc., Hoboken, New Jersey.
Used by arrangement with John Wiley & Sons, Inc.

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