HomeDefinitionsCompareDebt ParThe financial definition for Par:Equal to the nominal or face value of a security. A bond selling at par is worth an amount equivalent to its original issue value or its value upon redemption at maturity-typically $1000/bond. See: Discount, premium. Similar MatchesAbove parAbove parSee: Par. Absolute form of purchasing power parityAbsolute form of purchasing power parityA theory that prices of products of two different countries should be equal when measured by a common currency. Also called the "law of one price." Account PartyAccount PartyParty who applies to open a bank for the issuance of a letter of credit. Further SuggestionsAny part of orderAt par Bank trust department Below par Comparative advantage Comparative credit analysis Comparison Click to compare definitions of Par Click to view definitions beginning pa |