par value

American  

noun

1. face value.

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par value British  

noun

1. Also called: face value.  the value imprinted on the face of a share certificate or bond and used to assess dividend, capital ownership, or interest Compare market value book value

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Etymology

Origin of par value

First recorded in 1800–10

Compare meaning

How does par-value compare to similar and commonly confused words? Explore the most common comparisons:

• par value vs. face value
• par value vs. market value

Example Sentences

Portfolio managers of actively managed mutual funds tend to favor the institutional grade preferreds, which have a $1,000 par value.

From Barron's

Banks can now borrow against the par value - and not the lower market value - of their bond portfolios.

From Reuters

Some of the beaten down bonds are heading close to their $1 par value.

From Reuters

Ross has departed DLI, which is now in receivership with an expected recovery of no more than 40% of its par value.

From Reuters

It recently notified holders of the notes that it would pay half the par value of the bonds in cash if the bonds are convertible and holders elect to make the conversion.

From The Wall Street Journal