stated value
noun
stat·ed value
: the value assigned in a corporation's books to stock and especially to no-par value stock
Note: Stated value is sometimes based on the actual amount received when stock is issued, but it can also be an arbitrarily low value. It has no relation to the market value of the stock.
Dictionary Entries Near stated value
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“Stated value.” Merriam-Webster.com Legal Dictionary, Merriam-Webster, https://www.merriam-webster.com/legal/stated%20value. Accessed 23 Nov. 2024.
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