at par


A bond or preferred stock which is selling at a price equal its face (or par) value.

Use at par in a sentence

You need to make sure that you are at least getting it at par when you are going to take a lot on.

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The stock was being sold at par and I knew that it would be taken at its face value, so it was no surprise to me.

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There were a number of bonds that were selling at par. Due to the consistent market rates, they didn't need to pay a premium.

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