Rate above par
1Above Par — A term used to describe the price of a security when it is trading above its face value. A security usually trades at above par when its income distributions are higher than those of other instruments currently available in the market. If an… …
2par — 1 / pär/ n [Latin, one that is equal, from par equal]: the face amount of an instrument of value (as a check or note): as a: the monetary value assigned to each share of stock in the charter of a corporation b: the principal of a bond par 2 adj …
3par — I (New American Roget s College Thesaurus) n. equality, equal footing; par or face value; level. II (Roget s IV) n. Syn. standard, level, norm; see criterion , model 2 . • above par, Syn. superior, above average, first rate; see excellent . •… …
4par — n 1. parity, equality, coequality, equivalence, equipollence, parallelism; identity, oneness, synonymity, sameness, interchangeability, unity; correspondence, agreement, accordance, concurrence, coincidence, conformity; similarity, similitude,… …
5Rate Trigger — A sizeable decline in interest rates that may trigger or cause companies to call in bonds that otherwise pay high coupon or interest rates. Because these bonds are being called before their initial expiration date, theoretically, bondholders can… …
6Par Noussss Touss Les Trous de Vos Crânes! — Infobox Album Name = Par Noussss Touss Les Trous de Vos Crânes! Type = album Longtype = Artist = Et Sans Released = April 5, 2005 Recorded = November 2003 ndash; 2004 Genre = Avant garde Experimental rock Length = 45:25 Label = Alien8 Recordings… …
7par — Adjective: In the normal or usual condition, especially in reference to a person s health. Average. Noun: A standing of equal status. A fixed value of the money of one country in terms of the value of the money of another country, the exchange… …
8Mortgage Par Rate — An interest rate used as the reference point for which a mortgage lender will neither pay a rebate (yield spread premium or negative points) or require discount points for a mortgage. Also, an interest rate used as a reference point for which a… …
9Auction rate security — An auction rate security (ARS) typically refers to a debt instrument (corporate or municipal bonds) with a long term nominal maturity for which the interest rate is regularly reset through a dutch auction. It could also refer to a preferred stock …
10Interest rate swap — An interest rate swap is a derivative in which one party exchanges a stream of interest payments for another party s stream of cash flows. Interest rate swaps can be used by hedgers to manage their fixed or floating assets and liabilities. They… …
