The named value of a bond or other financial instrument as stated on the document. Par value is usually the amount paid when a bond is initially bought from the issuer, unless it is a discount bond, and is also the amount repaid when the bond matures, unless the issuer defaults. However, once bonds are traded on the secondary markets, their value changes regularly. This is also known as the face value.
This definition is for general information purposes only
This Morning host Ben Shephard called a halt to the ITV show as breaking news came into the studio live on air
Meghan Markle and Prince Harry made their first public appearance alongside Prince William and Kate Middleton in 2018, but a Royal author has claimed it was marred by an awkward moment
Many shoppers have been left outraged after spotting M&S charging 'ridiculous amount' for a sandwich
Footage taken by a Brazilian tourist shows several pedestrians stepping to soothe the black horse which caused damage after running through the London streets on Wednesday.
David Jason and Nicholas Lyndhurst will forever be remembered for their roles as Del Boy and Rodney Trotter in Only Fools and Horses, but the pair's relationship off-screen has been far from perfect.
Maxine Longmuir, 69, was thrilled when she won a £2,500 holiday to Portugal on the ITV quiz show, but claims she was left devastated when she was told she was unable to rebook it
The pair share a teenage son together
They contain a triple whammy of alpha linolenic acid, fibre and lignans which help protect against heart disease, high blood pressure and high cholesterol
The couple, who wed in 2002, supported their friend Gabriela Peacock’s book launch at the Broadwick Soho
Larry Webb confessed on his deathbed to shooting and killing Susan Carter and her daughter Natasha ‘Alex’ Carter over financial troubles
It’s practically impossible.
The Chase star Mark Labbett, who is also known as The Beast, shared a snap of his 'healthy' dinner while dining out at a restaurant
Britain's Got Talent has been hit with Ofcom complaints after a string of viewers were left feeling sick over one act's routine during the launch episode
For the Love of Dogs viewers were left infuriated as they pointed out a 'bad habit' of presenter Alison Hammond's during the latest episode of the ITV show, which has seen ratings plummet.
Police have visited a family at the centre of a dine-and-dash scandal, a restaurant owner allegedly targeted in the string of incidents has claimed.
Meghan penned a letter to King Charles following the claims.
Prince Harry was left upset by his father's decision to evict him and Meghan from Frogmore Cottage as they were under the impression that the property would always be available to them, according to a royal expert.
Despite being relatively rare in the area, a wild snake has been spotted near a Swindon suburb.
Prince Harry is set to return to the UK in less than two weeks to mark the 10th anniversary of the Invictus Games - and he is likely feeling some trepidation about his visit
It is illegal in the UK to get behind the wheel of vehicle without a valid photocard licence
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