| GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | | Spanish term or phrase: | acciones nominativas sin valor nominal | | English translation: | registered shares without nominal value | | Entered by: |  Edward Tully |
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Spanish to English translations [PRO] Bus/Financial - Investment / Securities | | Spanish term or phrase: acciones nominativas sin valor nominal | Este es el contexto:
El capital social estará representado por 500 acciones nominativas son valor nominal.
¿Cuál es el equivalente correspondiente en inglés?
Muchas Gracias |
| Patricia PereyraKudoZ activityQuestions: 85 (none open) ( 4 closed without grading) Answers: 17 Argentina
| | Local time: 20:44
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 Edward Tully Spain Local time: 23:44
| Grading comment Thanks! 2 KudoZ points were awarded for this answer |
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19 mins confidence:  peer agreement (net): +1 |
25 mins confidence:  peer agreement (net): +1 |
2 hrs confidence:   |
36 mins confidence:  | no par value stock
Explanation: from: investopedia
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No-Par Value Stock
What does it Mean? Stock that is issued without the specification of a par value indicated in the company's articles of incorporation or on the stock certificate itself.
Investopedia Says... Most shares issued today are classified as no-par or low-par value stock. No-par value stock prices are determined by what investors are willing to pay for them in the market.
Companies find it beneficial to issue no-par value stock as they have flexibility in setting higher prices for future public offerings and have less liability to shareholders in the case that their stock falls dramatically.
-------------------------------------------------- Note added at 3 hrs (2008-04-29 01:40:30 GMT) --------------------------------------------------
me faltó "registered" --> registered no par value stock
Reference: http://www.investopedia.com/terms/n/noparvalue.asp
| Angel Yamada Argentina Local time: 19:44 Works in field Native speaker of: Spanish
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