Par: Difference between revisions

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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.
prep.) By; with; -- used frequently in Early English in phrases taken from the French, being sometimes written as a part of the word which it governs; as, par amour, or paramour; par cas, or parcase; par fay, or parfay.

Revision as of 22:00, 27 May 2024

prep.) By; with; -- used frequently in Early English in phrases taken from the French, being sometimes written as a part of the word which it governs; as, par amour, or paramour; par cas, or parcase; par fay, or parfay.