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par value definition - finance
A value that is printed on the face of a stock or bond certificate when it is issued. Par value is of little significance once the stock or bond begins trading because the price will be influenced by market activity. For a bond, the typical par value is $1,000; the typical par value for one share of stock is $1.

Webster's New World Finance and Investment Dictionary Copyright © 2003 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.

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