Meaning of the word "par value" in English
What does "par value" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.
par value
US /pɑr ˈvæl.juː/
UK /pɑː ˈvæl.juː/
Noun
the nominal or face value of a stock or bond, as stated on the certificate
Example:
•
The company issued new shares at a par value of $10 each.
•
Bonds are often traded at a premium or discount to their par value.
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