Above par - Financial definition

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Translations: FR au-dessus du pair (loc.) ES por encima de la valor nominal (loc.) DE über dem Pariwert (loc.) , über pari (loc.)

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 quoted with a clean price of 105.20%, for example, would be said to quote above par («par» being, by definition, 100.00%).

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