The company's net worth consisted entirely of the premium obtained from selling shares at more than face value.

公司的净资产完全由溢价出售股票筹得。

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If you protest, expect the buyer to refer you to the shareholder agreement where the corporation has the right of first refusal to buy your shares at net book value.

如果你抗议期待你给买方指公司的股东协议下享有优先受偿你买股票帐面净值。

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This means that they issue and redeem units or shares directly with investors on a regular basis, based on the net asset value of the units or shares on a particular day.

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Under his concept, they would buy active ETF shares based on end-of-day net-asset-value prices the same arrangement used to price shares of regular mutual funds.

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At Cornerstone, investors are receiving "distribution yields" of roughly 22% of net asset value, and the shares trade for much more than the value of their underlying assets.

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