no par stock

Stock issued without a specific value assigned to it.

• For accounting purposes, it is given a legal or stated value that has little or no connection to the stock’s actual value. — Sometimes shortened to no par.

— Also termed no-par-value stock.

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词条贡献者

法律翻译Virginia，毕业于一所旨在培养高级翻译专业人才的翻译院校，专注翻译各类与国际贸易与投资监管有关的法律文件。