delisted

Delisted is a term used to describe the removal of an entry from a list, registry, or market. In finance, it most often refers to a company whose shares or other securities have been removed from a stock exchange's official list of tradable securities. Delisting may be voluntary, initiated by the issuer to move to another market or due to strategic restructuring, or involuntary, imposed by the exchange for failure to meet listing standards, material adverse changes, or regulatory or legal issues.

Typically, a notice is issued; there is a grace period or a period for appeals. Trading of the security may continue for a limited time on a parallel market (such as an over-the-counter market) or may halt altogether before a final removal. After delisting, the security often experiences reduced liquidity and a lower valuation, and investors may face difficulties selling shares or may sell into over-the-counter venues.

Other contexts: Delisting can also describe removal from non-financial lists and registries, such as a product catalogue, supplier directory, or index, where being delisted means the item is no longer recognized as eligible or tradable within that list. The term emphasizes removal rather than elimination of the underlying asset or entity, which may requalify for inclusion.