no-par stock

NOUN
12 LETTERS · STARTS WITH N

no-par stock is a valid 12-letter word worth 18 points in Scrabble and 21 points in Words with Friends.

SCRABBLE WORDS WITH FRIENDS
N1O1-0P3A1R1S1T1O1C3K5
1 + 1 + 0 + 3 + 1 + 1 + 0 + 1 + 1 + 1 + 3 + 5 =18 PTS
DOUBLE WORD → 36TRIPLE WORD → 54
MEANING

What does no-par stock mean?

NOUN · 1 SENSE
1

Stock with no par value specified in the corporate charter or on the stock certificate.

BROADER