book value stock

Stock offered to executives at a book-value price, rather than at its market value.

• The stock is offered with the understanding that when its book value has risen, the company will buy back the stock at the increased price or will make payments in stock equal to the increased price. [Cases: Corporations 316(3). C.J.S. Corporations §§ 519–524.]

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词条贡献者

资深译员Gianluca，毕业于亚洲顶尖的高级翻译学院，专注翻译各种与清洁与可再生能源有关的法律文件。