Definition of Par value. Meaning of Par value. Synonyms of Par value
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Definition of Par value
Par value 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.