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What is the difference between editing and formatting?
Stated Value
A value assigned to no-par stock by the company's board of directors.
No-Par Value
Refers to shares of stock that have not been assigned a specific par value by the issuing company.
No-Par Value
Refers to shares of stock issued without a specified face value, unlike par value stock which has a legal capital amount assigned per share.
Noncumulative Preferred Stockholders
Preferred stockholders whose dividends do not accumulate if not declared in a given period, missing dividends are not required to be paid in the future.
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