par value

par value
par value n: par(a)

Merriam-Webster’s Dictionary of Law. . 1996.

par value
The face value of a stock, assigned by a corporation at the time the stock is issued. The par value is often printed on the stock certificate, but the market value of the stock may be much more than par value. Most common stocks issued today do not have par values, except in states that require it. In some states, shares with a par value cannot be issued at a price less than the par value.
Category: Business, LLCs & Corporations → LLCs, Corporations, Partnerships, etc.

Nolo’s Plain-English Law Dictionary. . 2009.

par value
Related links

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

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  • 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 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 value — n. the value of a stock, bond, etc. fixed at the time of its issue; face value: distinguished from MARKET VALUE * * * …   Universalium

  • par value — n. the value of a stock, bond, etc. fixed at the time of its issue; face value: distinguished from MARKET VALUE …   English World dictionary

  • par value — See par for all securities except MBSs. See par line for MBSs. American Banker Glossary Also called the maturity value or face value; the amount that an issuer agrees to pay at the maturity date. Bloomberg Financial Dictionary See …   Financial and business terms

  • Par value — Also called the maturity value or face value, the amount that the issuer agrees to pay at the maturity date. The New York Times Financial Glossary * * * par value par value ➔ value1 * * *    The value that appears on the face of a document… …   Financial and business terms

  • par value — The value of an instrument for the payment of money as determined by the face of the instrument. The face value of a bond. An amount fixed as the nominal value of a share of corporate stock, such amount indicating the sum of money or value of… …   Ballentine's law dictionary

  • Par Value — 1. The face value of a bond. 2. A dollar amount that is assigned to a security when representing the value contributed for each share in cash or goods. 1. The par values for different fixed income products will vary. Bonds generally have a par… …   Investment dictionary

  • par value — face value; = nominal value The nominal price of a share or other security. If the market value of a security exceeds the nominal price it is said to be above par; if it falls below the nominal price it is below par. Gilt edged securities are… …   Accounting dictionary

  • par value — face value; nominal value The nominal price of a share or other security. If the market value of a security exceeds the nominal price it is said to be above par; if it falls below the nominal price it is below par. Gilt edged securities are… …   Big dictionary of business and management

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