no-par stock


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Noun1.no-par stock - stock with no par value specified in the corporate charter or on the stock certificate
stock - the capital raised by a corporation through the issue of shares entitling holders to an ownership interest (equity); "he owns a controlling share of the company's stock"
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If XYZ's common stock is no-par stock it would record the exercise as follows: Dr.
NTT DoCoMo has issued 1,588,200 shares of no-par stock, about 95% of which are owned by NTT.
5 million no-par stocks for the public and sell 500,000 issued shares on the stock market on the first day of trading.