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Finance Glossary

Just call us Bond. Amortized bond.

Over 700 finance terms, Shmooped to perfection.

Par Value

Definition:

The stated value of a bond or share—it's the face value, the dollar amount right there on the bond.

Most bonds are sold in increments of $1,000, so if you want to sound like you know what you're talking about, you'd refer to "par of a grand."