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At Par

   Also found in: Dictionary/thesaurus, Financial, Wikipedia 0.01 sec.
At Par 

correlation between the market or stock exchange rate of exchange for securities and currency and their nominal (parity) value. As a rule, the rates of exchange for securities and currency in the money markets of capitalist countries show a deviation from the nominal value.



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Bonds were issued, and made their appearance on 'Change; "Phileas Fogg bonds" were offered at par or at a premium, and a great business was done in them.
I have tried to get this statement off at par here, but with no success; so I have been obliged to negotiate it at fifty percent discount.
Therefore they were coveted all along the border, and since demand inevitably breeds supply, they were supplied at the risk of life and limb for exactly their weight in coined silver - seven and one half pounds' weight of rupees, or sixteen pounds sterling reckoning the rupee at par.
 
 
 
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