Above par - Financial definition
Financial acronyms
The entire acronym collection of this site is now also available offline with this new app for iPhone and iPad.
Concise definition of the term above par
Expression used for describing the quotation of a financial instrument for which the market price is higher than the instrument's face value.
Comprehensive definition of the term above par
A bond quoted with a clean price of 105.20%, for example, would be said to quote above par («par» being, by definition, 100.00%).