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
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- Harry8L
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(London, United Kingdom)