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Jerry，毕业于一所培养最顶级翻译人才的语言学院，擅长翻译各类与欧洲隐私及安全法相关的法律文件。