Par
Term · Law · MLC-T-LAW-003610
The face value of a security, such as a bond or a share of stock, representing its nominal or stated value. For bonds, it is the principal amount that the issuer promises to repay at maturity. For stocks, it is an arbitrary value assigned to shares, often having little relation to their market price.
| Identifier | MLC-T-LAW-003610 |
|---|---|
| Field | Law |
Record as JSON
{
"id": "MLC-T-LAW-003610",
"term": "Par",
"field": "Law",
"definition": "The face value of a security, such as a bond or a share of stock, representing its nominal or stated value. For bonds, it is the principal amount that the issuer promises to repay at maturity. For stocks, it is an arbitrary value assigned to shares, often having little relation to their market price.",
"url": "https://mlchart.com/terminology/law/par/"
}
Record 3,610 of 5,441 in Law terminology (MLC-0107). Request the full dataset.