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Finance Glossary

Just call us Bond. Amortized bond.

Over 700 finance terms, Shmooped to perfection.

Bond At Par

Definition:

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.

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