When a company issues a new bond, if it receives the face value of the security the bond is said to have been issued at par. … If the issuer receives more than the face value for the security, it is issued at a premium. What does it’s a par mean?
2 : common level : equality —usually used with on judged the recording to be on a par with previous ones. 3a : an amount taken as an average or norm. b : an accepted standard specifically : a usual standard of physical condition or health wasn’t feeling up to par today.
What makes something par?
an equality in value or standing; a level of equality: The gains and the losses are on a par. an average, usual, or normal amount, degree, quality, condition, standard, or the like: above par; to feel below par. Golf. the number of strokes set as a standard for a specific hole or a complete course. Finance. What is par in Tagalog?
Translation for word Par in Tagalog is : tunay na halaga.
When a bond sells at a discount?
Bonds are sold at a discount when the market interest rate exceeds the coupon rate of the bond. To understand this concept, remember that a bond sold at par has a coupon rate equal to the market interest rate. How do you explain par?
For golf purposes, the USGA defined par as, the score that an expert player would be expected to make for a given hole. Par means expert play under ordinary weather conditions, allowing two strokes on the putting green.
Frequently Asked Questions(FAQ)
What does PAR mean in slang?
PAR means Disrespect.
What’s another word for par?
What is another word for par?
| equivalence | equality |
|---|---|
| equal footing | likeness |
| similarity | uniformity |
| correspondence | agreement |
| evenness | parallelism |
What is par in microfinance?
Portfolio at risk or PAR is the type of ratio that usually is used in microfinance institutions or banks to measure the quality of loans and the risk that they currently have. … Portfolio at risk is usually calculated by using the amount of loan outstanding that is overdue comparing to total loan.
What is par in accounting?
Par value, in finance and accounting, means stated value or face value. From this come the expressions at par (at the par value), over par (over par value) and under par (under par value).
What is par in banking?
What is par used for?
The French preposition par means through, by, or per in English. It is used to indicate the manner in which something is done, the reason behind an event, the direction something moves, or the amount of something per some unit of measurement.
Why is it called par?
According to the Oxford English Dictionary, par derives from the Latin, meaning equal or equality, and dates to the 16th Century. Outside of golf, the word is often used to denote a standard level or to mean average, usual, ordinary. If something is subpar, it is below average.
Is not at par meaning?
If you say that someone or something is not up to par, you are disappointed in them because they are below the standard you expected. His performance was not up to par. It’s a constant struggle to try to keep them up to par. Synonyms: satisfactory, acceptable, good enough, adequate More Synonyms of up to par.
What is Beadle mean?
: a minor parish official whose duties include ushering and preserving order at services and sometimes civil functions.
What is Biddle?
Biddle is an unincorporated community in southeastern Powder River County, Montana, United States, near the Little Powder River. … A post office was established in Biddle in 1916.
What does PAR mean in science?
Photosynthetically Active Radiation Photosynthetically Active Radiation (PAR) is the amount of light available for photosynthesis, which is light in the 400 to 700 nanometer wavelength range.
What is a dirty price in finance?
A dirty price is a bond pricing quote, which refers to the cost of a bond that includes accrued interest based on the coupon rate. Bond price quotes between coupon payment dates reflect the accrued interest up to the day of the quote. In short, a dirty bond price includes accrued interest while a clean price does not.
What bonds have no interest?
A zero-coupon bond is a debt security instrument that does not pay interest. Zero-coupon bonds trade at deep discounts, offering full face value (par) profits at maturity.
Why do bonds trade below par?
A bond may trade below par when interest rates change in the market. … If prevailing interest rates rise in the economy, the value or price of a bond will decrease. This is because the coupon rate—which is a fixed interest rate—on the bond is now lower than the market interest rate.
How are pars decided?
Par is primarily determined by the playing length of each hole from the teeing ground to the putting green. Holes are generally assigned par values between three and five, which includes a regulation number of strokes to reach the green based on the average distance a proficient golfer hits the ball, and two putts.
What is a 3 under par called?
An albatross is—you guessed it—a term for three under par. Like the bird itself, achieving an albatross in golf is rare indeed.
What is the rarest shot in golf?
a condor Scoring a condor is the rarest event in golf. This is normally a hole in one at a par five (a two at a par six would also count, but this has never been done). Only five condors have ever been recorded: The most recent was Kevin Pon, who made a 2 on a par 6 at Lake Chabot Golf Course on the 10th December 2020.
What does PAR mean in drugs?
Products Are Launched by Drug Makers Camber, Par and Teva. This shipment was initiated by one of the company’s operating companies, Par Pharmaceutical (Par). Endo announces delivery of authorised generic PROVENTIL (albuterol sulfate) in the US.
Is above par meaning?
Above par is a term used to describe the price of a bond when it is trading above its face value. A bond usually trades at above par when its income distributions are higher than those of other bonds currently available in the market.
What is par in writing?
abbreviation. (also para.) (in writing) paragraph.
What’s another word for not up to par?
What is another word for not up to par?
| not good enough | unsatisfactory |
|---|---|
| inadequate | disappointing |
| substandard | dissatisfactory |
| imperfect | less than ideal |
| displeasing | lame |
Is par excellence meaning?
: being the best of a kind : preeminent a chef par excellence.
Graduated from ENSAT (national agronomic school of Toulouse) in plant sciences in 2018, I pursued a CIFRE doctorate under contract with Sun’Agri and INRAE in Avignon between 2019 and 2022. My thesis aimed to study dynamic agrivoltaic systems, in my case in arboriculture. I love to write and share science related Stuff Here on my Website. I am currently continuing at Sun’Agri as an R&D engineer.