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Par

Definition: Dollar value designated for common stock by a corporation's charter. Par can also mean the dollar value on which dividends are calculated for a corporation's preferred stock. Definition: [crh] Equal to the nominal or face value of a security. A bond selling at par is worth an Definition: amount equivalent to its original issue value or its value upon redemption at maturity-typically $1000/bond. See: DisDefinition: count, premium.

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