Par Value - Law Dictionary Search Results
Home Dictionary Name: par valuepar value
par value : par ...
no-par value stock
no-par value stock see stock ...
Par
Par, state of equality; equal value. Par value, the face value of a security or share as contrasted with its market price or selling value. See EXCHANGE....
no par
no par : having no par value [a no par share] ...
stated value
stated value : the value assigned in a corporation's books to stock and esp. to no-par value stock NOTE: Stated value is sometimes based on the actual amount received when stock is issued, but it can also be an arbitrarily low value. It has no relation to the market value of the stock. ...
no-par stock
no-par stock : no-par value stock at stock ...
True-value rule
True-value rule, means the rule requiring that one who subscribes for and receives corporate stock must pay par value for it, in either money or its equivalent, so that a corporation's real assets square with its books, Black's Law Dictionary, 7th Edn., p. 1513....
stock
stock 1 a : the equipment, materials, or supplies of a business b : a store or supply accumulated ;esp : the inventory of the goods of a merchant or manufacturer 2 : the ownership element in a corporation usually divided into shares and represented by transferable certificates ;also : the certificate evidencing ownership of one or more shares of stock capital stock 1 : the stock that a corporation may issue under its charter including both common and preferred stock 2 : the outstanding shares of a joint stock company considered as an aggregate 3 : capitalization common stock : a class of stock whose holders share in company profits (as through dividends) on a pro rata basis, may vote for directors and on important matters such as mergers, and may have limited access to information not publicly available cumulative preferred stock : preferred stock whose holders are entitled to the payment of cumulative dividends as well as current dividends before common stockholders are ...
par
par [Latin, one that is equal, from par equal] : the face amount of an instrument of value (as a check or note): as a : the monetary value assigned to each share of stock in the charter of a corporation b : the principal of a bond adj : participating ...
capitalization
capitalization 1 : the act or process of capitalizing [ of earnings] 2 : a sum resulting from a process of capitalizing ;esp : paid-in capital at capital [inadequate ] 3 : total capital liabilities of a business including both equity capital and debt capital NOTE: Equity capital is considered a liability because the investors may recall some or all of it (as by redeeming stock). Inadequate capitalization of a business is considered by courts in cases dealing with equitable subordination of creditors or piercing the corporate veil. 4 : the total par value or the stated value of no-par issues of authorized capital stock ...
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