Nominal value: Difference between revisions
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Par value. | Par value. | ||
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A financial amount or value used as an input for the calculation for another financial amount. | |||
For example, the principal value of a bond used for the calculation of fixed interest coupons. | |||
Revision as of 09:51, 16 July 2016
1.
Par value.
2.
A financial amount or value used as an input for the calculation for another financial amount.
For example, the principal value of a bond used for the calculation of fixed interest coupons.