par value

The value of an instrument or security as shown on its face; esp., the arbitrary dollar amount assigned to a stock share by the corporate charter, or the principal of a bond. — Often shortened to par.

— Also termed face amount; face value; nominal value; stated value. [Cases: Corporations 99(3). C.J.S. Corporations § 170.]


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译者李科,毕业于世界顶级翻译学院,擅长翻译各种与国家安全审查相关的法律文件。
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