# Delisting

*Markets & Instruments — Finicade finance glossary*

Delisting is a security removal from an exchange — voluntarily after a take-private, or involuntarily for breaching listing rules on price or filings.

Delisting is a security's removal from an exchange — voluntarily after a buyout or take-private, or involuntarily for breaching listing rules on price, market value or filings. Involuntary delisting doesn't cancel your shares, but it moves them to over-the-counter markets where liquidity collapses and disclosure thins, so the practical value often falls much further than the formal change implies.

**Also known as:** delisted, taken private, going dark

**Related terms:** [Stock Exchange](https://finicade.com/glossary/stock-exchange), [Ticker Symbol](https://finicade.com/glossary/ticker-symbol), [Bankruptcy](https://finicade.com/glossary/bankruptcy), [Leveraged Buyout (LBO)](https://finicade.com/glossary/lbo), [Liquidity](https://finicade.com/glossary/liquidity)

Source: https://finicade.com/glossary/delisting