par value

noun

Examples of par value in a Sentence

Recent Examples on the Web
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Unlike ETFs, which always trade very close to par value, CEFs can (and regularly do) trade at different values on the market in relation to their underlying portfolios—a measure called the discount to net asset value (NAV). Michael Foster, Forbes, 18 Mar. 2025 If this discount is less than 0.25% of the par value, multiplied by the number of years to maturity, then the discount is taxed like a capital gain . Darla Mercado, Cfp®, CNBC, 11 Feb. 2025

Word History

First Known Use

1797, in the meaning defined above

Time Traveler
The first known use of par value was in 1797

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Cite this Entry

“Par value.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/par%20value. Accessed 27 Apr. 2025.

Legal Definition

par value

noun

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