Par


 

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Par

1. Equality. See at par. 2. Official value. See par value.

Par

Equal to the nominal or face value of a security. A bond selling at par is worth an amount equivalent to its original issue value or its value upon redemption at maturity-typically $1000/bond. See: Discount, premium.



Par

Similar Matches

Conversion parity price

Conversion parity price

Related: Market conversion price


Apparel

Apparel

Clothing. The apparel sector is important for trade because, as a very labor intensive sector, it is a likely source of comparative advantage for developing countries. See textiles and apparel.


Partner

Partner

Business associate who shares equity in a firm.


Par value

Par value

The central value of a pegged exchange rate, around which the actual rate is permitted to fluctuate within set bounds.


Conversion parity or value

Conversion parity or value

Applies mainly to convertible securities. Common stock price at which a convertible bond can become exchangeable for common shares of equal value; value of a convertible bond based solely on the market value of the underlying equity. Par value + conversion ratio. See bond value, investment value, parity.


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