Question Details	Asked By	Asked On
Stock	thread	04/03/07
What is the difference between issued and outstanding stock, what is it called?
Clarification/Follow-up by thread on 04/03/07 8:35 am: thank you.....but my choices are limited to: Authorized Stock Common Stock, Paid-in Capital in Excess of Par or Treasury Stock. I'm guessing authorized
Answered By		Answered On
Schoolmarm		04/03/07
The correct answer would be Common Stock. It differs from Preferred Stock, which is generally held only by officers of the corporation and is released only sparingly to the public as it has the same debt weight during bankruptcy as a bond.

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