What is the definition of Par value of preferred stock? | Dictionary.net

PAR VALUE OF PREFERRED STOCK

\pˈɑː vˈaljuː ɒv pɹɪfˈɜːd stˈɒk], \pˈɑː vˈaljuː ɒv pɹɪfˈɜːd stˈɒk], \p_ˈɑː v_ˈa_l_j_uː ɒ_v p_ɹ_ɪ_f_ˈɜː_d s_t_ˈɒ_k]\

Definitions of PAR VALUE OF PREFERRED STOCK

1910 - Black's Law Dictionary (2nd edition)

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The value of a share of preferred stock, as it's worth on the trading market.

1910 - Black's Law Dictionary (2nd edition)
By Henry Campbell Black

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