Nominal Value and Par Value
The nominal value and par value has the same meanings and these terms can be used alternatively and there is one another term which has the same meaning that is face value. These three terminology is basically used for shares and other financial instrument issued by the company.
The nominal value is the price written on the financial instruments. Normally this is the value at which the instrument issued and it is appearing on the financial instrument. Financial instrument i.e shares or bond may be traded in the market at a market price that is called market value of the share or bond.
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