at par - definition in the Business English Dictionary - Cambridge Dictionaries Online

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English definition of “at par”

at par

adverb
 
 
STOCK MARKET used to refer to the original value of a bond, share, etc. rather than its value after being traded: call/sell/redeem at par The bonds are callable at par in 2017. issued/priced/traded at par
(Definition of at par from the Cambridge Business English Dictionary © Cambridge University Press)
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