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This par value may be quoted in terms of another currency; for example, the par value of the pound was £1 = $2.80 between 1949 and 1967.
UBS said it will take a charge of about $900 million on a pretax basis based on the difference between the par value of the securities and their current market values and the cost of the regulatory fine.
Thus, stockholders under certain statutes have a personal liability making them individually responsible for the debts of the corporation to the extent of the par value of their stock or some other specified limit.
Whatever its merits from a long-term point of view, the idea that it is quite respectable for a country to alter the par value of its currency in certain circumstances had disturbing effects on the movements of short-term funds—effects that may not have been clearly foreseen at the time of Bretton Woods.
The par value of the securities currently eligible for purchase totals roughly $7.3 billion.
In no case, however, would a TIIS holder get back less than the par value of the security upon its maturity.
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The major part of this, the capital paid in by the common shareholders, is usually divided into two parts, one representing the par value, or stated value, of the shares, the other representing the excess over this amount.
Note the par value or face value of the bond.
They can also give you legal advice regarding the actual formation (such as appointing the right board, calculating the minimum par value of shares, and organizing bylaws or an operating agreement).
But under the gold standard he had another option; i.e., he had a legal right to obtain gold from the authorities in exchange for paper currency at the established par value of that currency and remit the gold to the other country, where he would have a legal right to obtain its currency in exchange for bars of gold at the official valuation.
According to Barclays Capital, the size of the European high-yield market (the total par value of issues that have not defaulted -including any whose rating is below investment gradefaulted -includinglion (€53.6 billion) through the end of Februany, versus $13.2 billion in 1999.
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