no-par stock
Shares in a corporation that are issued without a stated value per share. Compare: par-value stock
Category: Business, LLCs & Corporations → LLCs, Corporations, Partnerships, etc.

Nolo’s Plain-English Law Dictionary. . 2009.

no-par stock
n.
   shares in a corporation which are issued without a price per share stated on the stock certificate.

Law dictionary. . 2013.

Look at other dictionaries:

  • No-par stock — is stock issued with no par or face value. In modern practice, par value is an antiquated concept and no par stock is increasingly common. In most jurisdictions, the par value of a stock is the lowest possible price at which a company could issue …   Wikipedia

  • no–par stock — / nō pär / n: no par value stock at stock Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 …   Law dictionary

  • no-par stock — ➔ stock1 …   Financial and business terms

  • no par stock — See par The Essential Law Dictionary. Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008 …   Law dictionary

  • no-par stock — noun stock with no par value specified in the corporate charter or on the stock certificate • Syn: ↑no par value stock • Hypernyms: ↑stock …   Useful english dictionary

  • no-par stock —    Shares in a corporation that are issued without a price per share stated on the stock certificate. Such shares are valued at the current stock market price …   Business law dictionary

  • no-par — [nō′pär′] adj. having no stated par value [a no par stock certificate] …   English World dictionary

  • no-par — ˈ ̷ ̷| ̷ ̷ adjective or no par value Etymology: from the phrase no par or no par value : having no nominal value no par share no par common stock * * * …   Useful english dictionary

  • no-par-value stock — noun stock with no par value specified in the corporate charter or on the stock certificate • Syn: ↑no par stock • Hypernyms: ↑stock …   Useful english dictionary

  • no-par — /noh pahr /, adj. without par or face value: no par stock. [1920 25; special use of phrase no par (value)] * * * …   Universalium

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