A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
The value that appears on the face of a share certificate or a bond. The par value of a share is a fairly arbitrary amount and shares usually trade in the market far above par value. For debt instruments such as bonds, however, par is far more important because it represents the amount to be repaid at maturity. Also known as face value or nominal value.