no-par-value stock是什么意思

用法例句

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".

从解决企业筹资困境的制度与立法分析中可获知,公开发行公司可采用“无面额股”或“低面额股”的方式来发行股票;资本维持原则只能在某种程度上保障债权人的权利。