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PAR VALUE: The stated, or face, value of a legal claim or financial asset. For debt securities, such as corporate bonds or U. S. Treasury securities, this is amount to be repaid at the time of maturity. For equity securities, that is, corporate stocks, this is the initial value set up at the time it is issued. Par value, also called face value, is not necessarily, and often is not, equal to the current market price of the asset. A $10,000 U.S. Treasury note, for example, has a par value of $10,000, but might have a current market price of $9,950. The difference between par value and current price contributes to the yield or return on such assets. An asset is selling at a discount if the current price is less than the par value and is selling at a premium if the current price is more than the par value.
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                           There are 108 entries in the WEB*pedia starting with the letter P. Entries 1 through 35: - paper economy
- paradox of thrift
- part-time workers
- partnership
- paternalism
- payment flow
- peak
- per unit tax
- perfect competition
- perfect competition, characteristics
- perfect competition, demand
- perfect competition, efficiency
- perfect competition, factor market analysis
- perfect competition, long-run adjustment
- perfect competition, long-run equilibrium conditions
- perfect competition, long-run production analysis
- perfect competition, loss minimization
- perfect competition, marginal analysis
- perfect competition, profit analysis
- perfect competition, profit maximization
- perfect competition, realism
- perfect competition, revenue division
- perfect competition, short-run production analysis
- perfect competition, short-run supply curve
- perfect competition, shutdown
- perfect competition, total analysis
- perfectly elastic
- perfectly inelastic
- personal consumption expenditures
- personal income
- personal income and national income
- personal tax and nontax payments
- personal taxes
- phenomenon
- physical flow
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Fact 6: Our Unknown EconomyDr. Nova Cain, DDS, has her office in the mini-mall just north of city hall. You know the sort of mini-mall. It has a branch of Interstate OmniBank, Smilin' Ted's All-Comers Insurance Agency, an auto parts store, a branch of the public library, and four chiropractors. Dr. Cain's location near the Shady Valley City Hall is most fortunate. One of my back molars is beginning to shoot sharp pains through my eyeball, into my brain, and out the back of my head. I've been meaning to stop by for a cleaning and check up, but, well, the thought of sharp needles and high-speed drills grinding away large portions of my teeth convinced me that other activities were more important. Now, however, just as we're trying to trek through the complexities of the economy, that back molar has decided to throb incessantly. It's best if I stop in and let the kind and (hopefully) gentle Dr. Cain check it out. Guess what? ROOT CANAL!
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ORANGE REBELOON
[What's This?]
Today, you are likely to spend a great deal of time wandering around the downtown area trying to buy either shoe laces for your snow boots or a rim for your spare tire. Be on the lookout for the happiest person in the room.
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This isn't me! What am I?
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A lump of pure gold the size of a matchbox can be flattened into a sheet the size of a tennis court!
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"A winner is someone who recognizes his God-given talents, works his tail off to develop them into skills, and uses those skills to accomplish his goals. " -- Larry Bird, basketball player
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UTP
Unfair Trade Practice
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