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

The sale price for the February deal, at 99.7% of par value, looked remarkably high, considering the recent pressure on private-credit valuations.

From The Wall Street Journal

Blue Owl Capital said late Wednesday that it had sold $1.4 billion of assets from three of its private-credit funds to a group of institutional investors at fair value, or 99.7% of par value.

From Barron's

Blue Owl highlighted that the loan sales were for 99.7% of par value, which it said was evidence of the confidence that large, experienced buyers have in its direct lending platform.

From MarketWatch

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