Economics · Financial Markets
What does the term 'Floating Stock' mean in corporate finance?
- 1The preference shares that have a variable and floating dividend rate
- 2The value of unsold physical inventory stored in warehouses
- 3The total number of locked-in shares held strictly by the original promoters of the company
- 4The portion of a company's paid-up capital that is readily available for buying and selling in the open public market✓
Correct answer
The portion of a company's paid-up capital that is readily available for buying and selling in the open public market
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