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par value Definition

par value

noun

the value of a stock, bond, etc. fixed at the time of its issue; face value

par value Finance Definition
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.
par value Usage Examples

Converse of object

  • have: Shares need not have a par value, and when paid up, need not have distinguishing numbers.

Browse dictionary entries near par value

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