Examlex
Regarding the phenomenon of asphyxiophilia,which one is FALSE?
Par Value
The nominal or face value of a bond, share of stock, or coupon as indicated on the certificate. It is a legal amount per share that represents the minimum stock value.
Market Value
The prevailing cost to purchase or dispose of an asset or service in the market.
No-Par
Refers to stocks issued without a par value; no minimum value is assigned to these shares.
Corporate Charter
A legal document issued by a government, outlining a corporation's rights, privileges, and purpose.
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