no-par stock; no-par-value stock
A financial term for shares issued without a stated par value. The shorter form 無額面株 is also used.
See also: 無額面株
This company issues no-par-value stock.
額面株式 is par-value stock, the opposite of 無額面株式.
A shorter synonym for 無額面株式, commonly used in the same financial contexts.
Compound of 無 (mu, 'without'), 額面 (gakumen, 'face value'), and 株式 (kabushiki, 'stock').