- price below par
- Kurs unter pari
First banking dictionary. Winfried Honig. 2014.
price below par
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Below Par — A term describing a bond whose price is below the face value or principal value, usually $1,000. As bond prices are quoted as a percentage of face value, a price below par would typically be anything less than 100. A bond trading below par is the … Investment dictionary
Below par — Par Par, n. [L. par, adj., equal. See {Peer} an equal.] [1913 Webster] 1. Equal value; equality of nominal and actual value; the value expressed on the face or in the words of a certificate of value, as a bond or other commercial paper. [1913… … The Collaborative International Dictionary of English
below par — Less than the nominal or face value of a security. Bloomberg Financial Dictionary * * * Ⅰ. under/below/sub par ► worse than the usual or expected standard: »California ranks below par in tackling the retiree health care issue. Main Entry: ↑par … Financial and business terms
below par — /bɪˌləυ pɑ:/ adjective referring to a share with a market price lower than its par value … Dictionary of banking and finance
Par value — Par value, in finance and accounting, means stated value or face value. From this comes the expressions at par (at the par value), over par (over par value) and under par (under par value). The term par value has several meanings depending on… … Wikipedia
Par — Par, n. [L. par, adj., equal. See {Peer} an equal.] [1913 Webster] 1. Equal value; equality of nominal and actual value; the value expressed on the face or in the words of a certificate of value, as a bond or other commercial paper. [1913… … The Collaborative International Dictionary of English
Par of exchange — Par Par, n. [L. par, adj., equal. See {Peer} an equal.] [1913 Webster] 1. Equal value; equality of nominal and actual value; the value expressed on the face or in the words of a certificate of value, as a bond or other commercial paper. [1913… … The Collaborative International Dictionary of English
Par value — Par Par, n. [L. par, adj., equal. See {Peer} an equal.] [1913 Webster] 1. Equal value; equality of nominal and actual value; the value expressed on the face or in the words of a certificate of value, as a bond or other commercial paper. [1913… … The Collaborative International Dictionary of English
par — The face value of a security. For example, a bond selling at par is worth the same dollar amount it was issued for or at which it will be redeemed at maturity. Chicago Board of Trade glossary (1) The principal or maturity value of a non… … Financial and business terms
price — A fixed value of something. Prices are usually expressed in monetary terms. In a free market, prices are set as a result of the interaction of supply and demand in a market; when demand for a product increases and supply remains constant, the… … Financial and business terms
PAR — 1 The standard delivery point or points. 2 The quality of commodity represented in the contract that is deliverable at contract price. Serves as a benchmark upon which to base discounts or premiums for varying quality.3 For debt securities,… … Financial and business terms
