Full Delivery Shares
Categories: Incorporation, Board of Directors
Shares that take their babies to term, eschew c-sections, and don't take the epidural.
It is also a term related to the Taiwanese stock exchange.
In Taiwan, if a company's stock falls below a certain minimum, its shares get designated as "full delivery shares." The stocks themselves are not very liquid, and the companies that issued them could be nearing serious financial trouble. As a result, the stock market puts certain restrictions on their trading. No margin allowed, and buyers have to pay in full in order to purchase them.
The shares, in other words, require full delivery at purchase.