Stated value

Definition:

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.

Investing Essentials


Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University

Term of the Day

Tax evasion

Illegal by reducing tax burden by underreporting income, overstating deductions, or using illegal tax shelters.

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