: exempting the owner from further contributions to the capital or business of an issuing corporation and when fully paid for entailing no further liability on the part of the owner either to the corporation or its creditors
nonassessable stock

Word History


non- entry 1 + assessable

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Dictionary Entries Near nonassessable

Cite this Entry

“Nonassessable.” Dictionary, Merriam-Webster, Accessed 2 Mar. 2024.

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