no par

no par definition - business

no par

Of or relating to a stock with no specific value assigned to it at the time of issue. Whether a stock has a par value or not is no longer of any consequence to investors.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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