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The following information is about Par.

Par Defined

1: The face value or principal value of a bond, usually $1,000 per bond. A bond trading at par is trading at its face value.

See Also: Face Value
2: A preferred stocks' face value, usually $100 per share. The stock's book value, liquidating value and dividend payments are based on the par value.

See Also: Book Value; Preferred Stock
3: A common stock's stated value. It is primarily used for bookkeeping purposes and has no relationship to its market value.

See Also: Common Stock

This definition is in context to Investing. See more contextual defintions for Par.


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BUSINESS IN BRIEF 2/12

Published December 2, 2008, 2:53 am, Vietnam Net

Sumitomo Nacco Materials Handling Vietnam Co Ltd has started work on a new plant to produce transmissions and axle components for forklift trucks for export.

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Orc to cut jobs as it looks for Skr40 million savings

Published December 2, 2008, 2:24 am, Finextra

Swedish derivatives trading technology company Orc Software is to cut its workforce in an attempt to reduce annual expenses by around Skr40 million.

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Hold on to your hats

Published December 2, 2008, 1:36 am, Calgary Sun

A left-of-centre coalition government, including the NDP in key cabinet posts, could have consequences for Alberta similar to the National Energy Program and shoot the loonie out of the sky, says a Calgary petroleum analyst.

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Capital markets working group report

Published December 2, 2008, 12:28 am, Việt Nam News

HA NOI — Measures to boost local market equity was a priority recommended at the Viet Nam Business Forum held in Ha Noi yesterday.

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02-12-2008: Traditional year-end rally unlikely, says HLG

Published December 1, 2008, 10:20 pm, The Edge Daily

KUALA LUMPUR: HwangDBS Vickers Research does not rule out the possibility of a year-end rally as December is traditionally a strong month in terms of stock market returns but sees it as most unlikely.

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NZX Announcements: WIA

Published December 1, 2008, 7:13 pm, ShareChat

WIA 02/12/2008 GENERAL REL: 1537 HRS Wellington International Airport Limited GENERAL: WIA010: WIA - Wellington International Airport Bond Offer Opens 2 December 2008 Wellington International Airport Bond Offer Opens Wellington International Airport Limited's (the Airport Company) retail bond programme opened today, with an initial interest rate of 7.5% per annum.

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Another Countrywide suit

Published December 1, 2008, 6:14 pm, San Diego Daily Transcript via Yahoo! News

(Bloomberg) -- Countrywide Financial Corp., the home lender acquired by Bank of America Corp., was sued by Greenwich Financial Services Fund over claims an agreement to reduce payments on mortgages by $8.4 billion would hurt investors.

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More Lumps For Legg Mason

Published December 1, 2008, 6:11 pm, Forbes

Asset manager will book $2.24 per share in charges this quarter for support for loss-riddled funds.

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Van Kampen High Income Trust II Announces at Par Redemption of Preferred Shares

Published December 1, 2008, 3:43 pm, Business Wire via Yahoo! Finance

CHICAGO----Van Kampen High Income Trust II hereby announces the at par redemption of a portion of its preferred shares. The announced partial redemption totals $6.0 million of the total outstanding preferred shares issued by the Fund.

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(AFX UK Focus) 2008-12-01 22:53 UPDATE 1-Legg to take new charges for money-funds support

Published December 1, 2008, 3:21 pm, Interactive Investor

BOSTON, Dec 1 (Reuters) - Legg Mason Inc said on Monday it will book new charges in the current quarter for lending support to its ailing money-market funds, a move that may push the U.S. asset manager into a fourth straight quarterly loss. The second-biggest publicly traded asset manager said in a statement it would incur a gross charge of $523 million in the current quarter for backing its ...

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