Legal Dictionary

par value shares

Legal Definition of par value shares

Noun

  1. Shares issued by a company which have a minimum price. Shares which are without par value or "non par value shares" are shares which may be sold at whatever price the company's board of directors decides.



SHARE THIS PAGE

TOP LEGAL TERMS THIS WEEK
1.     lex situs
2.     landed property
3.     buggery
4.     lex fori
5.     lex causae
6.     AORO
7.     lex loci delicti commissi
8.     status quo
9.     Doctor of Laws
10.     Miranda warning