par-value shares

  • 31minimum premium value — The minimum amount for a share premium account. It is the amount by which the book value of the shares or the cost, whichever is the lower, exceeds the par value of the shares issued …

    Accounting dictionary

  • 32no-par — UK US adjective (also no par value) ► FINANCE, STOCK MARKET used to describe company shares that have no stated value when they are made available for the first time: »With no par value stock, the directors decide how much must be paid for the… …

    Financial and business terms

  • 33face 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… …

    Ballentine's law dictionary

  • 34conversion 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… …

    Financial and business terms

  • 35face value —    In shares of stock, the original cost of the share, as written on the certificate; this is the par value …

    Business law dictionary

  • 36no-par shares — See non par value stock …

    Ballentine's law dictionary

  • 37market value — The value of a financial instrument based upon the price at which a financial instrument is purchased or sold or the price at which it could presumably be purchased or sold. For an equity instrument, the product of the number of shares times the… …

    Financial and business terms

  • 38above par — See: par. Bloomberg Financial Dictionary * * * above par aˌbove ˈpar adjective, adverb FINANCE at a price that is above the original value when shares and bonds were first made available: • The jeans maker s bonds are trading above par. * * *… …

    Financial and business terms

  • 39stock — The goods and wares of a merchant or tradesman, kept for sale and traffic. In a larger sense, the capital of a merchant or other person, including his merchandise, money, and credits, or, in other words, the entire property employed in business.… …

    Black's law dictionary

  • 40stated — Determined, fixed, or settled @ stated meeting A meeting of a board of directors, board of officers, etc., held at the time appointed therefor by law, ordinance, by law, or other regulation; as distinguished from special meetings, which are held… …

    Black's law dictionary