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，無票面金額股票是不允許的，必須有一個確定的票面金額。
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)籌資困境的制度與立法分析中可獲知，公開發(fā)行公司可采用“無面額股”或“低面額股”的方式來發(fā)行股票；資本維持原則只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)行有面值的股票時，不管發(fā)行價格高于或低于票面值，按發(fā)行股份的票面值貸記股本賬戶。

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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