Words / P / Business

par value

noun/ˈpɑː ˌvæljuː/

C1CEFR level
70/100Rarity: rare
TechnicalRegister

The nominal face value assigned to a share or bond.

The shares were issued at a par value of one penny, with the remainder recorded as share premium.

Similar: face value, nominal value

Topic: Finance in Business English

Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.

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