Par: Difference between revisions

From Advocatespedia
CSV import
 
CSV import
 
(3 intermediate revisions by 3 users not shown)
Line 1: Line 1:
n. 1) an equal level. 2) the face value of a stock or bond, printed on the certificate, which is the amount the original purchaser paid the issuing corporation. However, most common stocks are issued as "no-par value," and the value reflects the current market for the stock. Preferred stocks state a par value upon which the dividends are calculated, and the par value of bonds establishes the final pay-off amount upon maturity, usually many years in the future.
n.) 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.

Latest revision as of 17:19, 3 June 2024

n.) 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.

Retrieved from "https://advocatepedia.com/index.php?title=Par&oldid=164897"