Principal Sum

From GM-RKB
(Redirected from Par value)
Jump to navigation Jump to search

A Principal Sum is a borrowed money plus respective interest rate that have to be repaid on the maturity date.



References

2016

  • (Wikipedia, 2016) ⇒ http://en.wikipedia.org/wiki/Bond_(finance)#Principal Retrieved 2016-10-30
    • Nominal, principal, par, or face amount is the amount on which the issuer pays interest, and which, most commonly, has to be repaid at the end of the term. Some structured bonds can have a redemption amount which is different from the face amount and can be linked to performance of particular assets.


2008