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Finance Glossary

Just call us Bond. Amortized bond.

Over 700 finance terms, Shmooped to perfection.

Bond At Par


Par value is the stated value of the bond when it is issued. For example, a company might seek to raise $10MM. It issues bonds at an 8% compound rate which it is obligated to pay, effectively renting the $10MM for the price of $800,000 per year.