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Q: What is the full meaning of AT PAR in Banking Sector?
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What is par value?

operating leverage


Where shares without par value?

The No-Par value shares are those whose prices are determined by whether the investors want to pay for them or not.


Is Chase Manhattan bank a good bank for simple banking transactions?

Chase Manhattan bank has an excellent health rating of 4. However, there are several reviews online about individuals experiencing very poor service from Chase Manhattan bank employees. It seems on par with other banks, but does not go above and beyond.


What is the par rate for a particular 30-year fixed loan?

The par rate (the actual rater for a particular loan) for a 30-year fixed loan is 3.41 percent.


What does Capital Stock 5000 shares-no par value mean?

Par value, sometimes referred to as maturity value is the face value of a stock certificate or bond and sets the price below which the security will not be issued. In the case of a bond, it is the principle amount that is due at maturity or call. In the case of a company's stock, the par value has no relation to the market value of the security and is typically set at $0.01 or $0.001 for US companies (though they can also issue no par value shares). Federally incorporated Canadian companies by contrast can only issue no par value shares. Provincially incorporated companies can issue shares with a par value which can be helpful in tax planning, estate freezes and unique preferred share issues. So the short answer to your question is that the 5,000, simply denotes how many shares you have, but the "no par value" part is for all intents and purposes irrelevant and only means that the shares were initially created with no par value. It's an aspect of the shares that's really only relevant to the company's accountants.

Related questions

What is the full form of AT par cheque?

At par means payable at full value (without deduction)


Did the word 'par' originate from golf?

== == No. It comes from the Latin word "par" meaning "equal".


What is the latin root meaning of par?

Equal


What is the meaning PAR?

Par means an equality in standing. It is also defined as the level of equality in value of any material.


What is the meaning of PAR?

Par means an equality in standing. It is also defined as the level of equality in value of any material.


What is full form of klpd?

Khary land par dhoka


What does 100 percent on par mean?

This is a silly waffle. It means Totally more-or-less in accordance. On par is a new expression, reduced from "on a par with" meaning more or less in agreement or accordance with.


What is the meaning of the phrase far above par?

The word par means standard or average, from Latin meaning equal.For example, the face value of a stock or bond.Far above par, then means beyond the average or standard.If a stock or bond is sold at a value higher than its face value, it can be said that it sold far above par.More commonly, however, far above par is used to describe a person's performance.


What is the meaning of shares at par?

Issue of shares at par - Shares are said to be issued at par when they are issued at a price equal to the face value. For example if the face value of a share is $100 and issue price is also $100 than the share will be said as thae share has been issued at par.


What is the meaning of a double eagle in golf?

The double eagle, also known as the albatross, requires acing a par-4 hole or scoring 2 on a par-5 hole


What is the meaning of issue shares at par?

Issue of shares at par - Shares are said to be issued at par when they are issued at a price equal to the face value. For example if the face value of a share is $100 and issue price is also $100 than the share will be said as thae share has been issued at par.


Where does the word au pair come from?

franceAu pair is French for equal, meaning the individual is to become a part of the family and help with the family jobs, but not as a servant.It's French, meaning "on a par". The idea is that the au pair is on a par with, or has equal status to, a member of the family.