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TeachMeFinance.com - explain Par Value par value -- (1) the value assigned to a share of stock by the issuer at the time the stock is first offered for sale. The par value may be more or less than the market value. (2) the value of a bond or note at maturity. (3) the face value of a security. another definition... Par Value -- 1.The official fixed exchange rate between two currencies or between a currency and a specific weight of gold. 2. "Par Value" of a currency is its official rate of exchange. 3. "Par Value" of a share of stock is the value declared on its face. 4. As to a mortgage or a trust deed, it is the balance owing, without discount. Copyright © 2005 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional financial or legal advice. TeachMeFinance.com and its owner recommend consultation with a professional financial advisor prior to any investment or financial decision. Please read our disclaimer.