par value

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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par value

par value 面值;票面价值 1股票、债券等票面上载明的价额,与其实际价值〔actual value〕不同且往往差异较大;2在抵押或信托契据中,指抵押的价值以所欠余额为基础,未予折扣。(→non-par value stock)

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par value

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

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