MLchartDataset catalogue

No-par stock

Term · Law · MLC-T-LAW-003466

Shares of corporate stock that do not have a stated face value or nominal value printed on the stock certificate. The value of these shares is determined by the market or by the amount for which they are issued by the corporation. This contrasts with par value stock, which has a minimum legal issue price.

Table 1. Record
IdentifierMLC-T-LAW-003466
FieldLaw
Record as JSON 
{
  "id": "MLC-T-LAW-003466",
  "term": "No-par stock",
  "field": "Law",
  "definition": "Shares of corporate stock that do not have a stated face value or nominal value printed on the stock certificate. The value of these shares is determined by the market or by the amount for which they are issued by the corporation. This contrasts with par value stock, which has a minimum legal issue price.",
  "url": "https://mlchart.com/terminology/law/no-par-stock/"
}

Record 3,451 of 5,439 in Law terminology (MLC-0107). Request the full dataset.