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no-par

American  
[noh-pahr] / ˈnoʊˌpɑr /

adjective

  1. without par or face value.

    no-par stock.


no-par British  

adjective

  1. (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:

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

Having considered these facts, the Brothers Cohn, President Harry and Vice President Jack, last week announced plans to issue 75,000 shares of no-par preferred stock paying $2.75.

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

The first such listing, almost two years after Repeal, was 390,412 shares of no-par stock of small Pfeiffer Brewing Co. of Detroit.

From Time Magazine Archive

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