What is the meaning of Below par?

Less than the nominal or face value of a security.

Barry Goldsmith
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APABarry Goldsmith. (2010). below par. Retrieved September 20, 2026, from http://smartdefine.org/below_par/definitions/1148526
ChicagoBarry Goldsmith. 2010. "below par" http://smartdefine.org/below_par/definitions/1148526 (accessed September 20, 2026).
HarvardBarry Goldsmith 2010, below par, Smart Define, viewed 20 September, 2026, <http://smartdefine.org/below_par/definitions/1148526>.
MLABarry Goldsmith. "below par" 21 October 2010. Web. 20 September 2026. <http://smartdefine.org/below_par/definitions/1148526>