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Deferred Share - An issuance of stock certificate sometimes issued to key individuals within the structure of the corporation. Executives and or directors of a corporation are eligible to receive deferred shares of stock as part of a deferrable issue. The holder in this case, holds the shares not redeemable until they officially are in the employ of the corporation. This strategy involves the share issue of stock certificates locked from active trading on the stock market. Stocks issued through a corporation honored in the event of a liquidation or bankruptcy of the corporation. Note all obligations must meet standards of the corporation.

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Definition of the Day Australian Securities Exchange

Australian Securities Exchange - The Australian Securities Exchange is the largest stock exchange in all of Australia, and is also known as the ASE, which opened for operation in 1987. Although its operations and functions have change with the times, it was transformed in 2006 after becoming the product in...

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