Definitions
There is 1 meaning of the phrase
No-Par-Value Stock.
No-Par-Value Stock - as a noun
Stock with no par value specified in the corporate charter or on the stock certificate
Synonyms (Exact Relations)
no-par stockExample Sentences
"Many companies issue no-par-value stock because it provides them with more flexibility in setting the stock price."
"Investors may prefer no-par-value stock because they can buy and sell it in smaller increments."
"The shareholders of the company voted to convert the existing shares into no-par-value stock."
"The no-par-value stock can be issued with a stated value or without one."
"When purchasing no-par-value stock, investors should carefully evaluate the financial health of the issuing company."
