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Banking

Face Value

The amount that indicates the worth of an instrument, security, investment, account, etc. For example, the face value of a...

Par Value

The stated value of an investment/ instrument/ security. It refers to the fixed monetary value of stocks, bonds, investments, and...

Parity Value

The market value of the shares of common stock into which a convertible can be exchanged. This value is equal...

Par Rate

The coupon rate at which the price of a bond (or a note, etc.) is made to equal its nominal...

Par Yield

The coupon rate at which the price of a bond (or a note, etc.) is made to equal its nominal...