par

Definitions of "par"
  1. The amount displayed on a financial instrument, such as a check or note, indicating its worth
  2. A value designated to each share of a corporation's stock as stated in its charter
  3. The original sum of money lent on a bond, also known as the principal
How to use "par" in a sentence
  1. The bond was bought at a price above par, indicating high investor confidence.
  2. The corporation was unable to sell shares below par as stated in their charter.
  3. Upon the bond's maturity, the investor will receive the par value.
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