no-par

American

[noh-pahr] / ˈnoʊˌpɑr /

adjective

without par or face value.

no-par stock.

no-par British

adjective

(of securities) without a par value

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Etymology

Origin of no-par

1920–25; special use of phrase no par ( value )

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

See Examples For:

no-par

The subscription period of the right issue, in which about 597.7 million new no-par value shares will be issued, will run from Sept. 22 to Oct.

From Reuters ● Sep. 19, 2021

Last week, Manhattan financial reports included an offering of 50,000 shares of A. G. Spalding & Bros., the issue being no-par common at $65.

From Time Magazine Archive

It also has 707,275 shares of no-par Class B preferred, which is supposed to pay $5 a year.

From Time Magazine Archive

Directors approved a five-to-one stock split-up, increasing common from 60,000 shares, $100 par to 500,000 shares, no-par.

From Time Magazine Archive

About 1 billion pounds in cash, the rest in no-par common stock.

From Time Magazine Archive

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Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023