par value
Bond's stated worth
Par value is the face value of a financial instrument—the amount printed on a bond or stock certificate.
For bonds, par value is typically what the issuer pays at maturity: The bond trades below par value.
For stocks, par value is largely a legal formality, often set at a nominal amount like one cent.
Securities trading above par are at a premium; below par, at a discount.
Certificate for reduced price
- maturityFull growth achieved
- yieldProduce or relinquish
- redemptionRecovery or moral restoration
- principalChief school administrator
treasury · debenture · corporate bond · municipal bond · fixed-income · bondholder · callable · zero-coupon
In designation only
- denominationNamed religious group
- baselineStandard for comparison
- standardLevel of quality accepted
- reference pointStandard for comparison
threshold · criterion · metric · valuation · assessment · measurement
Units of company ownership
- stockGoods kept for sale
- common stockBasic corporate ownership units
- preferred stockPriority-claim corporate ownership
- capitalizationUsing big letters properly
issuance · certificate · shareholder · dividend · corporation · charter · incorporation · outstanding shares
Assets-liabilities-equity report
- capital stockCorporation's issued ownership units
- retained earningsProfits kept by company
- liabilityLegal or financial obligation
- assetItem of value owned
treasury stock · corporate finance · ledger · financial statement
coupon
Certificate for reduced price
- maturityFull growth achieved
- yieldProduce or relinquish
- redemptionRecovery or moral restoration
principal · treasury · debenture · corporate bond · municipal bond · fixed-income · bondholder · callable · zero-coupon · premium
nominal
In designation only
- denominationNamed religious group
- baselineStandard for comparison
- standardLevel of quality accepted
reference point · threshold · criterion · metric · valuation · assessment · measurement
shares
Units of company ownership
- stockGoods kept for sale
- common stockBasic corporate ownership units
- preferred stockPriority-claim corporate ownership
capitalization · issuance · certificate · shareholder · dividend · corporation · charter · incorporation · outstanding shares · stock split
balance sheet
Assets-liabilities-equity report
- capital stockCorporation's issued ownership units
- retained earningsProfits kept by company
- liabilityLegal or financial obligation
asset · treasury stock · corporate finance · ledger · financial statement
par valuemarket value
Current trading price
market price · fair market value · current value · real value · actual value
par valuediscount
Reduced price offered
premium · below par · at a premium · deep discount · marked down