par value

简明释义

票面价值

英英释义

例句

1.Investors often look for bonds that are trading at or above their par value to ensure they receive their principal back.

投资者通常寻找交易在其面值或以上的债券，以确保他们能收回本金。

2.The par value of the shares is set at $1 each, making them affordable for new investors.

这些股份的面值设定为每股1美元，使其对新投资者来说是负担得起的。

3.If a company repurchases its stock at a price above the par value, it might impact its financial statements.

如果一家公司以高于面值的价格回购其股票，可能会影响其财务报表。

4.When a company issues stock below its par value, it may face legal issues.

当一家公司以低于其面值的价格发行股票时，可能会面临法律问题。

5.The bond was issued at its par value, which means investors paid the face value of the bond.

该债券以其面值发行，这意味着投资者支付了债券的面值。

作文

The concept of par value is fundamental in the world of finance and investments. It refers to the nominal or face value of a financial instrument, such as a bond or stock, as stated by the issuer. Understanding par value is essential for investors, as it serves as a reference point for evaluating the worth of their investments. In this essay, we will explore the significance of par value, how it influences investment decisions, and its implications in the broader financial market.Firstly, let’s define what par value means in more detail. For stocks, par value is the minimum price at which shares can be issued. It is often set at a very low amount, such as $0.01, and does not necessarily reflect the market value of the stock. For bonds, par value is the amount that the issuer agrees to pay the bondholder at maturity, typically $1,000. This amount is crucial because it determines the interest payments that the bondholder will receive over time, which are usually expressed as a percentage of the par value.The importance of par value extends beyond just its definition. It plays a vital role in the pricing of securities. When a company issues stocks or bonds, the par value indicates the baseline value of these securities. Investors often compare the par value with the current market price to assess whether an investment is undervalued or overvalued. For instance, if a bond is trading above its par value, it may indicate strong demand, while a bond trading below its par value could suggest that investors perceive higher risk associated with that bond.Moreover, par value also has implications for a company's financial health. A company that consistently issues shares at a price significantly higher than its par value may be viewed as financially stable and capable of generating profits. Conversely, a company that struggles to sell shares at or above its par value may raise concerns among investors regarding its viability. Therefore, monitoring par value provides insights into the overall performance and market perception of a company.In addition to stocks and bonds, par value is relevant in various financial instruments, including preferred shares and mutual funds. For preferred shares, the par value determines the dividend payments that shareholders receive. In mutual funds, the par value can influence the net asset value, impacting how investors perceive the fund's performance.Furthermore, understanding par value is crucial during economic fluctuations. In times of economic downturn, securities may trade far below their par value, reflecting investor pessimism. Conversely, in a booming economy, securities may trade significantly above their par value, indicating investor confidence. Thus, keeping an eye on par value can help investors make informed decisions based on market conditions.In conclusion, the concept of par value is integral to the functioning of financial markets. It serves as a benchmark for assessing the value of securities, provides insights into a company's financial health, and plays a critical role in investment strategies. By understanding par value, investors can navigate the complexities of the market more effectively and make better-informed decisions about their investments. As the financial landscape continues to evolve, the relevance of par value remains steadfast, making it a key term for anyone involved in finance or investing.

在金融和投资领域，面值的概念是基础。它指的是发行人所述的金融工具（如债券或股票）的名义或面值。理解面值对投资者至关重要，因为它作为评估投资价值的参考点。在这篇文章中，我们将探讨面值的重要性，它如何影响投资决策，以及它在更广泛金融市场中的含义。首先，让我们更详细地定义面值的意思。对于股票而言，面值是可以发行股票的最低价格。它通常设定为非常低的金额，例如$0.01，并不一定反映股票的市场价值。对于债券而言，面值是发行人同意在到期时支付给债券持有人的金额，通常为$1,000。这个金额至关重要，因为它决定了债券持有人在一段时间内将收到的利息支付，这通常以面值的百分比表示。面值的重要性不仅仅在于它的定义。它在证券定价中起着至关重要的作用。当一家公司发行股票或债券时，面值指示了这些证券的基准价值。投资者通常会将面值与当前市场价格进行比较，以评估投资是否被低估或高估。例如，如果一只债券的交易价格高于其面值，这可能表明需求强劲，而一只交易价格低于其面值的债券则可能暗示投资者对该债券的风险感知较高。此外，面值还对公司的财务健康状况产生影响。一家持续以远高于其面值的价格发行股票的公司，可能会被视为财务稳健且能够产生利润。相反，一家难以以其面值或以上价格出售股票的公司，可能会引起投资者对其生存能力的担忧。因此，监测面值可以提供有关公司整体表现和市场认知的洞察。除了股票和债券，面值在各种金融工具中也具有相关性，包括优先股和共同基金。对于优先股而言，面值决定了股东收到的分红支付。在共同基金中，面值可以影响净资产价值，从而影响投资者对基金表现的看法。此外，在经济波动期间，理解面值至关重要。在经济衰退时期，证券可能远低于其面值交易，反映出投资者的悲观情绪。相反，在繁荣的经济中，证券可能显著高于其面值交易，表明投资者的信心。因此，关注面值可以帮助投资者根据市场状况做出明智的决策。总之，面值的概念对于金融市场的运作至关重要。它作为评估证券价值的基准，提供了公司财务健康状况的见解，并在投资策略中发挥关键作用。通过理解面值，投资者可以更有效地驾驭市场的复杂性，并对他们的投资做出更明智的决策。随着金融环境的不断演变，面值的相关性依然坚定，使其成为任何参与金融或投资的人必须了解的关键术语。