Entry from US English dictionary
The nominal value of a bond, share of stock, or a coupon as indicated in writing on the document or specified by charter.
- The value of a bond depends on its par value, coupon and maturity date.
- These shares had a par value of $100 each, but were recorded at a fair market value of $120,000.
- The par value of the stock was fifty dollars, and the amount of capital stock in the company was one hundred thousand dollars.
For editors and proofreaders
Syllabification: par val·ue
What do you find interesting about this word or phrase?
Comments that don't adhere to our Community Guidelines may be moderated or removed.