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词汇 no-par
释义 no-par
adjective
ukus(alsono-par-value)
FINANCE, STOCK MARKET
used to describe company shares that have no stated value when they are made available for the first time:
With no-par-value stock, the directors decide how much must be paid for the stock each time it is issued to a shareholder.

Examples of no-par


no-par
No public disapproval has been voiced against this system of no-par-value shares.
From the
Hansard archive

Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0
It would involve complex provisions, and, even so, would not prevent the manipulation of deceptive percentages by reference to the issue price of no-par-value shares.
From the
Hansard archive

Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0
I was the mover of the no-par-value clause.
From the
Hansard archive

Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0
I do not believe the vast mass of the public care very much about whether no-par-value shares are introduced or not.
From the
Hansard archive

Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0
The new corporation was capitalized at 5,000,000 preferred shares and 5,000,000 shares of no-par value common stock.
From
Wikipedia

This example is from Wikipedia and may be reused under a CC BY-SA license.
The no-par stock was changed to a par value of $10 and 400,000 shares were issued in 1924.
From
Wikipedia

This example is from Wikipedia and may be reused under a CC BY-SA license.
In modern practice, par value is an antiquated concept and no-par stock is increasingly common.
From
Wikipedia

This example is from Wikipedia and may be reused under a CC BY-SA license.
No-par stocks often require the board of directors of a company to determine a stated value when issuing no-par stock to replace the par-determined capital amounts.
From
Wikipedia

This example is from Wikipedia and may be reused under a CC BY-SA license.
These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.
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