No-Par Value Stock financial definition of No-Par Value Stock
no par (redirected from No-Par Value Stock)
that is not assigned a face value
. This was once important but no longer is because the prices
of stocks vary constantly.
Of or relating to a stock with no specific value assigned to it at the time of issue. Whether a stock has a par value or not is no longer of any consequence to investors.
References in periodicals archive
Conversion to No-Par Value Stock, Strategic Management Holding Company
convert the Company's shares to no-par value stock in preparation