Par Value
The stated or face amount of a bond.
bond-basics
Principal
The face amount or Par amount of a Bond, not including interest, payable on its Maturity Date.
See Also
Interest
The amount of compensation for the use of borrowed money paid to the bondholders by the issuer or the borrower.
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Term of the Week
Securities Act of 1933
Law designed to ensure that investors are provided with material information about new issues of securities offered for sale to the public.