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new stock

From Longman Business Dictionarynew stockˈnew stock (also newly-issued stock) [countable, uncountable]FINANCE a company’s stock that has just been made available for sale, or just sold for the first time, rather than stock that already existsFees earned by investment banks for underwriting new stocks and bonds jumped to $10 billion last year.It still isn’t clear where the firm’s newly-issued stock will trade. stock
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