no par value stock
101Face Value — The nominal value or dollar value of a security stated by the issuer. For stocks, it is the original cost of the stock shown on the certificate. For bonds, it is the amount paid to the holder at maturity (generally $1,000). Also known as par… …
102face value — The full amount to be paid, principal and interest, according to the terms of the instrument. Anno: 91 ALR 30, 31. The par value of corporate stock which has a par value. Goodyear Tire & Rubber Co. v United States, 273 US 100, 71 L Ed 558, 47 S… …
103Chicago Stock Exchange — Type Private …
104preferred stock — A type of equity or capital representing shares of ownership in a corporation. May or may not receive distributions of corporate income in the form of dividends. Has a higher priority claim to corporate earnings or assets than common stock but… …
105common Stock — A share of ownership in a corporation. The owners of common stock normally enjoy voting rights and, ideally, are rewarded for their investment by both *dividends and *appreciation in the market value of the common stock. Common stock is… …
106Preferred stock — A security that shows ownership in a corporation and gives the holder a claim, prior to the claim of common stockholders, on earnings and also generally on assets in the event of liquidation. Most preferred stock pays a fixed dividend that is… …
107Nominal Value — The stated value of an issued security. Nominal value in economics also refers to a value expressed in monetary terms for a specific year or years, without adjusting for inflation. When used in reference to securities, nominal value is also known …
108Reverse Stock Split — A reduction in the number of a corporation s shares outstanding that increases the par value of its stock or its earnings per share. The market value of the total number of shares (market capitalization) remains the same. For example, a 1 for 2… …
109conversion parity/value — Applies mainly to convertible securities ( convertible security). common stock price at which a convertible bond can become exchangeable for common shares of equal value; value of a convertible bond based solely on the market value of the… …
110face value — 1. The *nominal value of a *bond or other debt instrument. The purchase price of a bond when issued may differ from its face value, owing to a *discount or *premium on issuance, and the *market values of traded bonds also tend to differ from face …
