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Par

What Does It Mean?
What Does Par Mean?
1. The face value of a bond. Generally $1,000 for corporate issues, with higher denominations such as $10,000 for many government issues.

2. A dollar amount assigned to a security when first issued.
Investopedia Says
Investopedia explains Par
For stocks, par is usually a small dollar amount that bears no relationship to the security's market price.
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