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par 1 /'pär/ n [Latin, one that is equal, from par equal]: the face amount of an instrument of value (as a check or note): asa: the monetary value assigned to each share of stock in the charter of a corporationb: the principal of a bondpar 2 adj: participating
Merriam-Webster’s Dictionary of Law. Merriam-Webster. 1996.
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I
(equality) noun
aequalis, aequus, balance, equal footing, equal value, equal worth, equality, equal ness, equipollence, equivalence, evenness, identicalness, identity, interchangeableness, likeness, sameness, similarity
associated concepts: above par value, at par value, par value of stock
II
(face amount) noun
amount, appraisal, appraisement, evaluation, face value, market price, price, rate, valuation, value, value in exchange, worth
III
index
peer, similar
IV
index
worth
Burton's Legal Thesaurus. William C. Burton. 2006
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n.(1) A standard or norm used as a benchmark for comparison, such as the value of one nation’s currency compared to another’s (also called par of exchange), or the normal number of strokes used to complete a golf course.(2) The face value of a stock, bond, or negotiable instrument, as opposed to market value; also called par value.
The Essential Law Dictionary. — Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008.
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The face value of a stock or bond, which is the amount the original purchaser paid the issuing corporation. (See also: par-value stock)Category: Business, LLCs & Corporations → LLCs, Corporations, Partnerships, etc.
Nolo’s Plain-English Law Dictionary. Gerald N. Hill, Kathleen Thompson Hill. 2009.
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Short Dictionary of (mostly American) Legal Terms and Abbreviations.
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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.
Law dictionary. EdwART. 2013.