TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

BELOW PAR [1 record]

Record 1 2000-12-04

English

Subject field(s)
  • Stock Exchange
  • Currency and Foreign Exchange
  • Investment
DEF

For the purchase or sale of a currency, it indicates that the future value is below spot value. [Klein, Gerald. Dictionary of Banking. Pitman Publishing, 1995].

French

Domaine(s)
  • Bourse
  • Politique monétaire et marché des changes
  • Investissements et placements
DEF

En dessous de la valeur nominale.

OBS

Ces expressions, en anglais et en français, peuvent être employées soit pour des titres, soit pour une monnaie.

Key term(s)
  • au-dessous de la valeur nominale

Spanish

Campo(s) temático(s)
  • Bolsa de valores
  • Política monetaria y mercado de cambios
  • Inversiones
DEF

Menos que el valor nominal.

CONT

La emisión [de la deuda] puede realizarse a la par o por debajo de la par [...] El segundo caso se origina cuando el precio de emisión es inferior al valor nominal, pudiéndose realizar la emisión a un tipo de interés por debajo del normal [...]

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TERMIUM Plus®, the Government of Canada's terminology and linguistic data bank
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