Examlex
The proximal and middle phalanges form joints.
Par Value
The nominal or face value of a stock or bond as stated by the issuing company, not necessarily reflecting its market value.
Legal Capital
Minimum amount of capital that a corporation must leave in the company (cannot be withdrawn by stockholders) for the protection of the creditors.
Stated Value
A value assigned to no-par stock by the company's board of directors.
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