price is the amount paid for a security. The price of a security is usually expressed as a percentage of its par value. For mortgage-related securities, the price is usually expressed as a percentage of the current face value. A price greater than 100 percent is a premium price while a price less than 100 percent is a discount price. See: current face, discount, par, and premium.
Barry Goldsmith
| APA | Barry Goldsmith. (2010). price. Retrieved September 21, 2026, from http://smartdefine.org/price/definitions/1161025 |
| Chicago | Barry Goldsmith. 2010. "price" http://smartdefine.org/price/definitions/1161025 (accessed September 21, 2026). |
| Harvard | Barry Goldsmith 2010, price, Smart Define, viewed 21 September, 2026, <http://smartdefine.org/price/definitions/1161025>. |
| MLA | Barry Goldsmith. "price" 21 October 2010. Web. 21 September 2026. <http://smartdefine.org/price/definitions/1161025> |