par value
- noun
- /pɑr ˈvælju/
- Specialized
:
valor nominal
- Investors were surprised when the company's stock reached a par value of $50 after years of decline.
And they are carrying these loans on their books still at par value.
- And they are carrying these loans on their books still at par value.
Examples
-
Financing Fee: Sometimes referred to as a debt arrangement fee, 50 bps of par value of debt on average, and used by 2% of all funds.
Academic text (2017) -
So it just comes to par value for the bond.
-
The stock, which was valued at 1.5, now has a par value of over $9.00 a share.
-
Agency bonds typically trade at premiums to par value.
Blog text (6) -
Australian company law requires that the difference between the par value of a share ($2 in this case) and the amount that stockholders contribute per share ($2.50 in this case) be recorded in a share premium account.
Academic text (1996) -
Think of the 100% par value of subprime mortgage tranches in early 2006 or the multi-billion-dollar valuation of Pets.com in 1999.
Blog text (34) -
The bond was issued with a par value of $1,000, representing its nominal worth.
-
Each share of the preferred stock has a par value of $25, which is outlined in the company's prospectus.
Synonyms
41
4.4
A number printed on a ticket, coin, or bond that shows its official worth
1
6.3
A price that a company writes on a share or bond, not the market price
How Expensive
Surface Forms
Morphology
The combination of 'par' (on equal standing) and 'value' (worth) gives a partial clue — it suggests a standard or nominal worth — so a learner could guess something like a 'standard value'. However, the precise financial sense 'nominal/face value as stated by the issuer, distinct from market value' is technical and not fully derivable from the constituents by an average B1 learner without prior exposure, so it is only partially transparent.
Etymology
Par value The noun par value comes from the old idea of a number stamped on a coin or share to show its official worth, with par meaning a set level and value meaning worth. So par value means the official 'face value' of a share or bond, the amount on paper, not the 'market price'.