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NO-PAR-VALUE STOCK
Pronunciation (US): | (GB): |
I. (noun)
Sense 1
Meaning:
Stock with no par value specified in the corporate charter or on the stock certificate
Synonyms:
no-par-value stock; no-par stock
Classified under:
Nouns denoting possession and transfer of possession
Hypernyms ("no-par-value stock" is a kind of...):
stock (the capital raised by a corporation through the issue of shares entitling holders to an ownership interest (equity))