What does it mean above par?
Above par refers to a bond price that is currently greater than its face value. Above par bonds are said to be trading at a premium and the price will be quoted above 100.
What is another word for on par?
What is another word for on par?
| similar | alike |
|---|---|
| on a plane | same difference |
| on level pegging | on a par |
| stack up with | to the same degree |
| correlative | agnate |
What is another word for upper level?
senior-level, highest-level, higher-level, high-level, superior, topmost, senior, top.
What is a fancy word for above?
Find another word for above. In this page you can discover 68 synonyms, antonyms, idiomatic expressions, and related words for above, like: overhead, high, beyond, over, on-high, superior, extra, on-top, foregoing, up and exalted.
Why does a bond trade above par?
Generally,a bond trades at the above par when its returns are greater than those of other bonds presently available on the market. It happens because interest rates have fallen in such a way that newly issued bonds bear lower coupon rates.
What does PAR mean in slang?
PAR means “Disrespect.”
Which is correct on par or at par?
We say a golfer scores “at par”, because literally his numerical score is at a certain point, namely the number that is par. “On par” might work to, but it is not as correct to say a number is on another number, but it is correct to say a score is at a number. So at is better for numbers.
What does it mean to be top tier?
: of the highest level or rank with regard to quality, reputation, or importance Top-tier wines are the result of artisanal production techniques that demand rigorous attention to detail and, on occasion, financial sacrifice.—
What is meant by top-level?
Definition of top-level 1 : highest in level, position, or rank top-level executives. 2 : involving people of the highest level, position, or rank a top-level competition/meeting.
What is a word for above and beyond?
transcend. surpass expectations. go beyond expectations. exceed requirements. go above and beyond the call of duty.
How do you use above par in a sentence?
1. The notes are currently trading at 10% above par. 2. The jeans maker’s bonds are trading above par, even in a badly depressed market.