Below 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 below par
Expression used for describing the quotation of a financial instrument for which the market price or valuation is higher than the instrument's nominal value.
Comprehensive definition of the term below par
A bond quoted with a clean price of 95.60% for example would be said to quote below par («par» being, by definition, 100.00%).