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no-par
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English
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English
Wikipedia
has an article on:
No-par stock
Wikipedia
Adjective
edit
no
-
par
(
not
comparable
)
(
finance
)
Denoting a form of
stock
that is
issued
with no
par value
.
Usage notes
edit
In modern practice, par value is an antiquated concept and no-par stock is increasingly common.