par loans — England, Wales par debt Also known as par loans . Debt which is performing in full as the borrower is not in financial trouble or in a form of insolvency. Par debt is traded on the secondary market at its face value because the market considers… … Law dictionary
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
debt buy-back — United Kingdom The process where either a borrower or a related party of the borrower (an affiliate, parent or investor) purchases the borrower s debt from its lender (or lenders) and usually at a discount to par value. For further details, see… … Law dictionary
par|don — «PAHR duhn», noun, verb. –n. 1. forgiveness; passing over an offense without punishment: »Pardon for his hasty remark was all the boy asked. SYNONYM(S): absolution, amnesty. 2. excuse or toleration: »I beg your pardon, but I didn t hear you. 3.… … Useful english dictionary
par — The face value of a security. For example, a bond selling at par is worth the same dollar amount it was issued for or at which it will be redeemed at maturity. Chicago Board of Trade glossary (1) The principal or maturity value of a non… … Financial and business terms
par bond — A bond trading at its face value. Bloomberg Financial Dictionary * * * par bond par bond ➔ bond * * * A bond issued at par or face value. Alternatively, to provide debt service reduction, old debt can be swapped at par for new par bonds which… … Financial and business terms
PAR — 1 The standard delivery point or points. 2 The quality of commodity represented in the contract that is deliverable at contract price. Serves as a benchmark upon which to base discounts or premiums for varying quality.3 For debt securities,… … Financial and business terms
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 of exchange — exchange ex*change ([e^]ks*ch[=a]nj ), n. [OE. eschange, eschaunge, OF. eschange, fr. eschangier, F. [ e]changer, to exchange; pref. ex out + F. changer. See {Change}, and cf. {Excamb}.] 1. The act of giving or taking one thing in return for… … The Collaborative International Dictionary of English
