please define "no-par value stock"
glossary FAQ: glossary.
T. W. From Fall River, United States
27 June, 2009
Stock that is issued without the specification of a par value indicated in the company's articles of incorporation or on the stock certificate itself.
Most shares issued today are classified as no-par or low-par value stock. No-par value stock prices are determined by what investors are willing to pay for them in the market.
Companies find it beneficial to issue no-par value stock as they have flexibility in setting higher prices for future public offerings and have less liability to shareholders in the case that their stock falls dramatically. Visit MB Trading
Which online fx platform has the smallest commissions
money FAQ: commission.
V. Q. From Hollywood, United States
08 February, 2009
If you need a forex site that has the lowest commission, we recommend you to try "retailfx.com". They don't charge any commission in "retailfx.com", the customer support is first rate, the platform graphics are the best, and also you can start with real low deposits - from $50. Visit retailfx.com
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