English Dictionary |
NO-PAR STOCK
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Dictionary entry overview: What does no-par stock mean?
• NO-PAR STOCK (noun)
The noun NO-PAR STOCK has 1 sense:
1. stock with no par value specified in the corporate charter or on the stock certificate
Familiarity information: NO-PAR STOCK used as a noun is very rare.
Dictionary entry details
Sense 1
Meaning:
Stock with no par value specified in the corporate charter or on the stock certificate
Classified under:
Nouns denoting possession and transfer of possession
Synonyms:
no-par-value stock; no-par stock
Hypernyms ("no-par stock" is a kind of...):
stock (the capital raised by a corporation through the issue of shares entitling holders to an ownership interest (equity))
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