No-par-value stock


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No-par-value stock

A stock with no par value given in the charter or stock certificate.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

No Par

A stock that is not assigned a face value at issue. This was once important but no longer is because the prices of stocks vary constantly.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
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