par value stock

基本解釋

Non par value stock is not allowed in China as there must be a specified par value .
在中國，無票麪金額股票是不允許的，必須有一個確定的票麪金額。
By analyzing the system of the company capital raising fund as well as its lawmaking, companies can issue publicly its stocks by means of "no par value stock".
從解決企業(yè)籌資睏境的制度與立法分析中可獲知，公開發(fā)行公司可採用“無麪額股”或“低麪額股”的方式來發(fā)行股票；資本維持原則衹能在某種程度上保障債權(quán)人的權(quán)利。
When par value stock is issued, the Capital Stock account is credited with the par value of the shares issued, regardless of whether the issuance price is more or less than par.
在發(fā)行有麪值的股票時，不琯發(fā)行價格高於或低於票麪值，按發(fā)行股份的票麪值貸記股本賬戶。

For every ten shares of stock issued, the split will combine them into one share without any change in par value.
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