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Simple English definitions for legal terms

no-par-value stock

Read a random definition: European Copyright Directive

A quick definition of no-par-value stock:

No-par-value stock is a type of stock that does not have a specific value assigned to it. Instead, it is given a legal or stated value that may not reflect its actual value. This type of stock represents a proportional part of a corporation's capital and grants the holder the right to participate in the company's general management and to share in its net profits or earnings. Unlike par-value stock, no-par-value stock does not have a fixed price and is often issued without a minimum price requirement.

A more thorough explanation:

No-par-value stock is a type of stock that is issued without a specific value assigned to it. Instead, it is given a legal or stated value that has little or no connection to the stock's actual value. This type of stock is often used by companies that want to have more flexibility in setting the price of their shares.

For example, if a company issues 100 shares of no-par-value stock and sets a legal value of $1 per share, the actual value of each share could be much higher or lower than that amount. This allows the company to adjust the price of its shares based on market conditions and other factors.

Another example of no-par-value stock is Berkshire Hathaway's Class A shares, which are currently priced at over $400,000 per share. Despite this high price, the company has never split its shares, which means that the actual value of each share is much higher than its legal value.

Overall, no-par-value stock gives companies more flexibility in setting the price of their shares, but it can also make it more difficult for investors to determine the true value of a company's stock.

no par | no-pass, no-play rule

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2016 pushed the conservative party into populism irreversibly
Dkk
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Maybe, but if this is populism, then every election is populist.
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@Dkk: yeah register 1 website and every swinging tom dick and harry calls/emails/texts to 'help with seo'. like bruh, if YOU found it, what i am doing is working
Dkk
19:43
Indeed!
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wasp, i think people are hopeful for a gov who at least attempts to care about the common man
MIAMI A
[] AromaticTroubledDormouse
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How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
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Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
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NDLS and Fordham took a very long time last year. It's good info for people to know.
[] baddestbunny
4:29
let’s get after it boys and girls
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