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Par
Par is a nominal dollar amount assigned to a security when first issued.
In the case of stocks, par is usually a small value, but this value is only considered for proffered stocks, when par is used to calculate dividend payments.
In the case of bonds, par is value on the face of the bond, which will be aid to the investor at bond maturity.
| Related Terms: Eurobond Full Coupon Bond Full Stock Impairment Original Issue Discount – OID Premium Bond Put Bond Series EE Bond Watered Stock |