Definition, Meaning & Synonyms

at-par

Adjective

/ˈæt pɑːr/

Definition

A term used to describe something that is equal in value, especially in finance.

Examples

When the bond is issued at-par, it sells for its face value of $1,000.
The company’s stocks are currently trading at-par, reflecting stable market conditions.

Meaning

The term ‘at-par’ indicates that an investment, such as a bond or a stock, is trading at its nominal or face value. This means that the market price is the same as the stated value, with no premium or discount.