Equal to the nominal or face value of a security A bond selling at par is worth the same dollar amount as it was issued for, or at which it will the redeemed at maturity
a state of being essentially equal or equivalent; equally balanced; "on a par with the best"
{i} equal status or level; face value of a currency compared to a foreign currency as measured by its worth in precious metals (Finance); standard score set for each hole on a golf course (Golf)
In the case of a common share, par means a dollar amount assigned to the share by the company's charter Par value may also be used to compute the dollar amount of common shares on the balance sheet Par value has little relationship to the market value of common stock Many companies issue no-par stock but give a stated per share value on the balance sheet In the case of preferred stocks it signifies the dollar value upon which dividends are figured With bonds, par value is the face amount, usually $1,000
(1) The nominal value of a security or instrument (2) The official value of a currency
Price of 100% The principal amount at which the issuer of a debt security contracts to redeem that security at maturity, face value
A bond that is trading at par is selling for the same amount as its face value, or par value BACK TO TOP
If you say that something that happens is par for the course, you mean that you are not pleased with it but it is what you expected to happen. He said long hours are par for the course
Thus if par for a course is 75, bogey is usually put down, arbitrarily, as 81 or 82
Equal to the nominal or face value of a security A bond selling at "par," for instance, is worth an amount equivalent to its original issue value or its value upon redemption at maturity -- typically $1000/bond See: discount, premium
If you say that two people or things are on a par with each other, you mean that they are equally good or bad, or equally important. Parts of Glasgow are on a par with the worst areas of London and Liverpool for burglaries
By; with; used frequently in Early English in phrases taken from the French, being sometimes written as a part of the word which it governs; as, par amour, or paramour; par cas, or parcase; par fay, or parfay
A price equal to the face amount of a security, as distinct from its market value On a debt security, the par or face value is the amount the investor has been promised to receive from the issuer at maturity
When the market value of a fixed income investment is equivalent to its face value