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par value
par value
noun
- the value imprinted on the face of a share certificate or bond and used to assess dividend, capital ownership, or interest Also calledface value Compare market value book value
Word History and Origins
Origin of par value1
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Example Sentences
Banks can now borrow against the par value - and not the lower market value - of their bond portfolios.
Some of the beaten down bonds are heading close to their $1 par value.
Ross has departed DLI, which is now in receivership with an expected recovery of no more than 40% of its par value.
It recently notified holders of the notes that it would pay half the par value of the bonds in cash if the bonds are convertible and holders elect to make the conversion.
Many PG&E bonds were trading at discounts to their par value, indicating some concern about the company’s prospects.
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