Home > Term: par value
par value
The stated amount of a bond. If a bond is selling above the stated amount it would be selling at a premium (above Par); if it is selling below that amount, it would be selling at a discount (below par).
- Part of Speech: noun
- Industry/Domain: Financial services
- Category: Funds
- Company: Merrill Lynch
0
Creator
- MJ63
-
(Gold) 1300 points - 100% positive feedback
