par value

noun

1. face value ( def 1 ).

par value

noun

1. 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

First recorded in 1800–10

Example Sentences

Banks can now borrow against the par value - and not the lower market value - of their bond portfolios.

From Reuters

Some of the beaten down bonds are heading close to their $1 par value.

From Reuters

Ross has departed DLI, which is now in receivership with an expected recovery of no more than 40% of its par value.

From Reuters

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.

From Wall Street Journal

Many PG&E bonds were trading at discounts to their par value, indicating some concern about the company’s prospects.

From Wall Street Journal