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Translations for „no-par“ in the English » Arabic Dictionary (Go to Arabic » English)

no-par value shares ECON

Monolingual examples (not verified by PONS Editors)

English
In modern practice, par value is an antiquated concept and no-par stock is increasingly common.
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The new corporation was capitalized at 5,000,000 preferred shares and 5,000,000 shares of no-par value common stock.
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The no-par stock was changed to a par value of $10 and 400,000 shares were issued in 1924.
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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.
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