Par Value of Currency
Financial & Investment Dictionary:
Par Value of Currency
Home > Library > Business & Finance > Finance and Investment Dictionary ...
Par value of currency
Definition: [crh] The official exchange rate between two countries' currencies.
Par value of currency
The official exchange rate between two countries' currencies.
Parent company ...
par value of currency
ratio of one nation's currency unit to that of another country, as defined by the official exchange rates between the two countries; also called par of exchange or par exchange rate.
Also called the maturity value or face value; the amount that an issuer agrees to pay at the maturity date.
Par value of currency
The official exchange rate between two countries' currencies.
Parallel bonds ...
 See also: Values, Acquisitions, Cash out, Parent company, Hostile takeover
  
|
RSS
