Equal to the nominal or face value of a security . A bond selling at "par," for instance, is worth an amount equivalent to its original issue value or its value upon redemption at maturity -- typically $1000/bond. See: discount , premium .
PAR
Meaning of PAR in English
Campbell R. Harvey. Hypertextual finance English glossary. Английский словарь гипертекстовых финансов. 2012