What is the definition of Below par? | Dictionary.net

BELOW PAR

\bɪlˌə͡ʊ pˈɑː], \bɪlˌə‍ʊ pˈɑː], \b_ɪ_l_ˌəʊ p_ˈɑː]\

Definitions of BELOW PAR

1910 - Black's Law Dictionary (2nd edition)

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A security that sells below par value. It is discounted. The face value is 100 and the discount is a factor of 100. AKA at a discount.

1910 - Black's Law Dictionary (2nd edition)
By Henry Campbell Black

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