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 Glossary   >   P   >   "Par" Definition   

        Par

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.

1. The face value of a bond. Generally $1,000 for corporate issues, with higher denominations such as $10,000 for many government issues.

Par
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Par \ 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.

1. The face value of a bond. Generally $1,000 for corporate issues, with higher denominations such as $10,000 for many government issues.


Par / 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.

1. the face value of a bond. generally $1,000 for corporate issues, with higher denominations such as $10,000 for many government issues.