Definitions for "par value"
The nominal dollar amount assigned to a security by the issuer. For an equity...
1.The official fixed exchange rate between two currencies or between a currency and a specific weight of gold. 2. "Par Value" of a currency is its official rate of exchange. 3. "Par Value" of a share of stock is the value declared on its face. 4. As to a mortgage or a trust deed, it is the balance owing, without discount.
The face value of a security. In relation to shares, the par value is set by the company at the time of issue and does not necessarily reflect the share's market value.
Keywords:  eli, denomination
The denomination of the ELI.
A term used to describe an equal exchange rate of one unit of currency for another unit of another currency.
The official fixed exchange rate between two currencies or between a currency and a specific weight of gold or a basket of currencies.
Keywords:  see
Parity
Paralegal