no-par-value stock
- noun
- Specialized
:
acciones sin valor nominal
- The corporation's charter allowed it to offer no-par-value stock rather than specifying a nominal amount.
Examples
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Many modern companies issue no-par-value stock to provide greater flexibility in their capital structure.
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Purchasing no-par-value stock does not guarantee investors any minimum stated value per share.
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Investors prefer no-par-value stock for its flexibility.
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Many companies issue no-par-value stocks to attract investors.
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Many modern companies issue no-par-value stock to provide greater flexibility in their capital structure.
-
Purchasing no-par-value stock does not guarantee investors any minimum stated value per share.
-
The corporation's charter allowed it to offer no-par-value stock rather than specifying a nominal amount.
Synonyms
Stock without a fixed minimum price set by the company
Antonyms
- Specialized
The value written on a share or bond that the company sets, not the price people pay
Surface Forms
Morphology
no-par-value + stock
The phrase literally combines no + par + value with stock to mean a share issued without a stated par value, so the overall meaning can be directly derived from the constituents. It is a technical finance term, but the negation and compositional pattern are transparent, so a learner who knows the individual words would understand the intended meaning.
Etymology
No-par-value stock comes from old stock certificates where each share often showed a printed price called par value. When a certificate had no number, like a price tag left blank, the company could set the price later, so the term now means a share with no 'stated minimum value'.
