Define: At Par
At Par means full payment received without obligation for additional charges or premiums.
At Par means full payment received without obligation for additional charges or premiums.
Relevant Circumstances
- When a loan is being repaid without additional charges or penalties.
- When securities or bonds are purchased at their face value.
- Debt settlement or negotiation scenarios where the borrower can pay the lender the full amount without extra charges or premiums.
Relevant Sectors
- Banking and finance
- Securities trading
- Debt settlement companies