What is the definition of Gifted stock? | Dictionary.net

GIFTED STOCK

\ɡˈɪftɪd stˈɒk], \ɡˈɪftɪd stˈɒk], \ɡ_ˈɪ_f_t_ɪ_d s_t_ˈɒ_k]\

Definitions of GIFTED STOCK

1910 - Black's Law Dictionary (2nd edition)

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To lessen a tax amount each part owner of an asset has to pay, that asset or investment is given to another entity.

1910 - Black's Law Dictionary (2nd edition)
By Henry Campbell Black

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