The value of an instrument or security as shown on its face; esp., the arbitrary dollar amount assigned to a stock share by the corporate charter, or the principal of a bond. ¡ª Often shortened to par.
¡ª Also termed face amount; face value; nominal value; stated value. [Cases: Corporations 99(3). C.J.S. Corporations ¡ì 170.]
How many interpretations of the term par value are there in Chinese?
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