Par definition explanation
What is Par?
1. The face value of a bond. Generally $1,000 for corporate issues, with higher denominations such as $10,000 for many government issues.
2. A dollar amount assigned to a security when first issued. Read more for examples and further explanation including related video clips and also comments
Example explains Par
For stocks, par is usually a small dollar amount that bears no relationship to the security’s market price.
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