(abbreviationNPV)FINANCE,STOCK MARKETifcompanyshareshave noparvalue, they have nostatedvalueorpricewhen they are madeavailablefor the firsttime:Thetrusteesareissuinganunlimitednumberofsharesofbeneficialinterest, with noparvalue.(Definition ofno par valuefrom theCambridge Business English Dictionary? Cambridge University Press)
Examplesofno par value
no par valueThe shares were changed from $10 tonoparvalue.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.Even in jurisdictions that permit the issue of stock withnoparvalue, the par value of a stock may affect its tax treatment.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.Capitalization consisted of 30,000 shares, $50 par of general stock, and 3,000 shares of management stock ofnoparvalue.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.After all, a thing like the shares ofnoparvalueis a major thing.From theHansard archiveExample from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0I agree with what has been said aboutnoparvalueshares.From theHansard archiveExample from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0There are countries in the world which havenoparvalueshares.From theHansard archiveExample from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0Indeed, every argument of logic and common sense must lead anyone to the conclusion that shares ofnoparvalueshould be permitted.From theHansard archiveExample from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0We are, perhaps, getting a little away from the subject ofnoparvalueshares.From theHansard archiveExample from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0There is a danger that if we havenoparvalueshares people will not know exactly what is happening.From theHansard archiveExample from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0The introduction ofnoparvalueshares will in no way derogate from the desirability of that principle.From theHansard archiveExample from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.#https://dictionary.cambridge.org//dictionary/english/no-par-value##
