Par

Business, Legal & Accounting Glossary

Definition: Par



What is the dictionary definition of Par?

Dictionary Definition


n.

  1. an equal level.
  2. the face value of a stock or bond, printed on the certificate, which is the amount the original purchaser paid the issuing corporation. However, most common stocks are issued as “no-par value,” and the value reflects the current market for the stock. Preferred stocks state a par value upon which the dividends are calculated, and the par value of bonds establishes the final pay-off amount upon maturity, usually many years in the future.

Cite Term


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Page URL
https://payrollheaven.com/define/par/
Modern Language Association (MLA):
Par. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. October 26, 2020 https://payrollheaven.com/define/par/.
Chicago Manual of Style (CMS):
Par. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/par/ (accessed: October 26, 2020).
American Psychological Association (APA):
Par. PayrollHeaven.com. Retrieved October 26, 2020, from PayrollHeaven.com website: https://payrollheaven.com/define/par/

Definition Sources


Definitions for Par are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 29th April, 2020 | 1 Views.