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.]

---

词条贡献者

双语律师Jason，国内知名法学院国际贸易专业，擅长翻译各类与出口管制、经济制裁及海关相关的法律文件。