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

译员Matthew，毕业于英国顶尖的高级翻译学院，专注翻译各种与争议解决有关的法律文件。