par value

noun

Examples of par value in a Sentence

Recent Examples on the Web
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Zero-coupon bonds and other bonds issued at a discount to par value—known as original issue discount (OID) bonds—generate interest that accrues over time and is taxed annually, even though no payments are made until maturity. Bydoug Ashburn, Encyclopedia Britannica, 8 May 2026 In the example of a US Treasury bond, the prompt payment of coupons and par value at maturity is guaranteed by the full faith and credit of the US government. Chris Gunster, Forbes.com, 25 Feb. 2026 While short-term bets such as Kane and van Riemsdyk can pay dividends to fill specific needs, getting par value out of a longer-term deal is exceedingly rare. Max Bultman, New York Times, 10 Jan. 2026 Preferreds come in par values of $25 and $1,000, with the former sold to retail investors and the latter aimed at institutions. Michelle Fox, CNBC, 27 June 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 7 Jul. 2026.

Legal Definition

par value

noun

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