Assented stocks or bonds - Stocks or bonds deposited under an agreement by which the
owners assent to some change in the status of the securities.
In reorganizations that are voluntary, or in other words, without foreclosure or other legal process,
the owners assent to the exchange of their stocks or bonds, or both, for new issues, perhaps less
in amount and perhaps receiving less in dividends or interest.
owners assent to some change in the status of the securities.
In reorganizations that are voluntary, or in other words, without foreclosure or other legal process,
the owners assent to the exchange of their stocks or bonds, or both, for new issues, perhaps less
in amount and perhaps receiving less in dividends or interest.
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