also: くうかぶ
noun
fictitious stock; watered stock
Rare financial term for shares that exist on paper but lack real capital backing. Mostly encountered in historical or legal contexts.
戦前の金融界では空株が問題になることがあった。
In the prewar financial world, fictitious stock sometimes became a problem.
空株の発行は現在の会社法
Issuing watered stock is strictly regulated under current corporate law.
Standard kanji spelling for the common reading からかぶ.
Alternate reading くうかぶ; much less common than からかぶ.
Compound of 空 (から, 'empty') and 株 (かぶ, 'stock'). The reading くうかぶ uses the on'yomi of 空.