Par Value (Face Value)
Definition
The stated value assigned to a stock or bond at issuance, used as a fixed reference point. For bonds, it is typically the amount repaid at maturity; for shares, it is usually a nominal legal value.
The stated value assigned to a stock or bond at issuance, used as a fixed reference point. For bonds, it is typically the amount repaid at maturity; for shares, it is usually a nominal legal value.