TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

NO-PAR-VALUE STOCK [1 record]

Record 1 2020-11-18

English

Subject field(s)
  • Stock Exchange
  • Investment
DEF

Share of capital stock that has no nominal or face value.

CONT

A corporation issuing no par value shares simply issues them at a price which is attractive to investors and will assist in their distribution to the public.

OBS

The correct French equivalent is "action" in this context because "stock" and "share" are used interchangeably as a singular noun. However, "stock" is usually a collective noun, with "actions" as its French equivalent and "shares" as its synonym.

French

Domaine(s)
  • Bourse
  • Investissements et placements
DEF

Action du capital social n'ayant aucune valeur nominale en conformité avec les lois sur les sociétés ou les statuts de la société elle-même.

Spanish

Campo(s) temático(s)
  • Bolsa de valores
  • Inversiones
OBS

Son de origen norteamericano. A diferencia de la concepción europa de la acción donde subsisten generalmente difiriendo, valor real y nominal, éstas no tienen otro valor que el efectivo.

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