The par value of a stock is the minimum amount of capital of the corporation existing for the protection of creditors.

Name: The par value of a stock is the minimum amount of capital of the corporation existing for the protection of creditors.
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The par value of a stock is a nominal value assigned to shares, representing the minimum price at which shares can be issued, thus providing a baseline level of capital for creditor protection.

The Par Value of a Stock Is the Minimum Amount