Definition of Par of exchange. Meaning of Par of exchange. Synonyms of Par of exchange

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Definition of Par of exchange

Par of exchange
Par Par, n. [L. par, adj., equal. See Peer an equal.] 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. 2. Equality of condition or circumstances. At par, at the original price; neither at a discount nor at a premium. Above par, at a premium. Below par, at a discount. On a par, on a level; in the same condition, circumstances, position, rank, etc.; as, their pretensions are on a par; his ability is on a par with his ambition. Par of exchange. See under Exchange. Par value, nominal value; face value.

Meaning of Par of exchange from wikipedia

- value), over par (over par value) and under par (under par value). A bond selling at par is priced at 100% of face value. Par can also refer to a bond's...
- relative to par. A hole score equal to the par of the hole is simply called a par. The term is thought to have originated from the stock exchange, where it...
- foreign exchange market (forex, FX (pronounced "fix"), or currency market) is a global decentralized or over-the-counter (OTC) market for the trading of currencies...
- appointed one of the commissioners for establishing the true par of exchange, and he gave evidence before the committee of the House of Commons on the...
- The New York Stock Exchange (NYSE, nicknamed "The Big Board") is an American stock exchange in the Financial District of Lower Manhattan in New York City...
- used in commerce for exchange rate, discount or premium. The variations from fixed par values or rates of exchange in the currencies of different countries...
- independence, India implemented a Par value exchange rate regime until 1971. The country switched to a fixed exchange rate regime in 1971 and graduated...
- Stock Exchange of Hong Kong (Chinese: 香港交易所, SEHK, also known as Hong Kong Stock Exchange) is a stock exchange based in Hong Kong. It is one of the largest...
- Boon Haw and Boon Par brothers), in order to list most of the ****ets of Haw Par Brothers (Private) Limited on the Stock Exchange of Malaysia and Singapore...
- the currency of Aruba. It is subdivided into 100 cents. The florin was introduced in 1986, replacing the Netherlands Antillean guilder at par. The Aruba...