Difference between revisions of "Par value"

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Revision as of 11:51, 20 December 2018

Par value is an arbitrary value that is placed on each share of stock. Par value represents legal capital and not market value.


Definitions

According to College Accounting: A Practical Approach by Slater (13th edition)‎,

Par value. An arbitrary value that is placed on each share of stock. Par value represents legal capital and not market value.

Related concepts

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