Nil Paid

Nil Paid
A new issue of shares dealt on the stock market on which no payment has yet been made, usually from a new issue or rights issue.
No-Load
Without any sales commissions.

Nil Paid - A new issue of shares, usually as the result of a rights issue on which no payment has yet been made.
No-Load Fund - An open-end fund that does not impose a sales charge on customers who buy their shares.

Shareholders are given the right to subscribe for the new fully paid share. The new shares are not issued in nil paid form.

EOA ...

See also: Rating, Performance, Open, Trading, Option