Unlisting refers to the act of removing or delisting something from a list, register, or index. This can apply to various contexts, including financial markets (removing a stock from a stock exchange), online platforms (removing a product listing or profile), real estate (removing a property from the market), or databases (removing a data entry). The process typically involves formal procedures and can be permanent or temporary, depending on the specific situation and associated rules. It's the opposite action to the act of listing or adding something to a list.
Unlisting meaning with examples
- The company decided to undergo an 'unlisting' process of its shares from the Nasdaq due to low trading volumes and high regulatory costs. This involved a formal application, followed by shareholder approval, and finally, removal of the stock symbol. After all regulatory guidelines were met, and the shares were officially 'unlisted', they were moved to a smaller exchange.
- After numerous complaints and violations of its terms of service, the social media platform initiated an 'unlisting' of the user's account and all associated content. The decision involved a review by a moderation team, followed by an official notification. All of their photos, friends, and posts disappeared when the account was 'unlisted' by the platform.
- The real estate agent handled the 'unlisting' of a property from the MLS, as the owner had decided to withdraw it from the market. They removed the listing from various platforms, cancelled scheduled viewings, and handled paperwork. The agent assisted the owner in getting the property 'unlisted' when the initial sales agreement fell through.
- The database administrator was tasked with the 'unlisting' of outdated and inactive employee records to maintain data accuracy. The process required careful verification of data integrity and ensuring compliance with privacy regulations before removing each record. Every record that qualified for the process was then systematically 'unlisted'.