Opposite to the approved stock cost which means the stocks with the highest issuedcapital permitted by the company's rules and regulations.
与之相对的是核定股本，即公司章程允许公司发行的最高股本额的股份。
2
When par value stock is issued, the Capitalstock account is credited with the par value of the shares issued, regardless of whether the issuance price is more or less than par.
在发行有面值的股票时，不管发行价格高于或低于票面值，按发行股份的票面值贷记股本账户。
3
No fractional shares of Party b's capitalstock will be issued upon conversion of the Loan.