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Investments glossary

No-Par Value Stock


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Quotes of the day:

Truth may be stretched, but cannot be broken, and always gets above falsehood, as does oil above water.

— Miguel Cerbantes

No-par value stock is issued without the specification of a par value indicated in the company’s articles of incorporation or on the stock certificate. Most shares issued are classified as no-par or low-par value stock. No-par value stock prices are determined by the amount that investors are willing to pay for the stocks on the open market.

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