Definition of No-par stock

1. Noun. Stock with no par value specified in the corporate charter or on the stock certificate.

Exact synonyms: No-par-value Stock
Generic synonyms: Stock

Lexicographical Neighbors of No-par Stock

no-host
no-life
no-load
no-load fund
no-lone zone
no-lone zones
no-man's-land
no-name
no-no
no-nonsense
no-observed-adverse-effect level
no-one
no-op
no-ops
no-par-value stock
no-par stock (current term)
no-parking zone
no-questions-asked
no-see-um
no-see-ums
no-show
no-shows
no-strings-attached
no-take
no-threshold concept
no-trade clause
no-trump
no-win
no-win situation
no-win situations

Literary usage of No-par stock

Below you will find example usage of this term as found in modern and/or classical literature:

1. Corporation Procedure: Law, Finance, Accounting by Thomas Conyngton, Robert Joseph Bennett, Paul Whittier Pinkerton, Hugh Ronald Conyngton (1922)
"Using a Nominal Value for No-Par Stock The nature and advantages of ... When, however, it is insisted that no-par stock be carried in the accounts and on ..."

2. The New York Stock Exchange: A Discussion of the Business Done by H. S. Martin (1919)
"Where a $100 par stock is selling at say $10 a share, the public knows the value needs inquiry into, but as to a "no-par" stock no such standard is at hand. ..."

3. Accounting Theory: With Special Reference to the Corporate Enterprise by William Andrew Paton (1922)
"... of the other difficulties of accounting for capital stock would disappear. In this connection the recent development of "no-par" stock is encouraging. ..."

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