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Finance Dictionary and Glossary of Investment Terms
A monetary worth figure that bears no relation to market value that is assigned, for accounting purposes, to stock for use instead of par value.
Value assigned to a company's no-par stock by its board of directors, for accounting purposes. Bears no relation to market price.
A value given to a corporation's stock that, for accounting purposes, is assigned instead of par value. Stated value has no relation to market price.