Stock with no par value specified kin the corporate charter or on the stock certificate. 在公司契约章程或股票上没有票面金额的股票。
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" or "low 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;