Business and Personal Finance Dictionary

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• PAPER GAIN (LOSS) - Unrealized capital gain (loss) on securities held in a portfolio based on a compari...
  
  
• PAPER LOSS - Is an unrealized loss. When trading commodities, futures, and options on futures, the mark...
  
  
• PAPER PROFIT - Is an unrealized gain. When trading commodities, futures, and options on futures, the ma...
  
  
• PAPER PROFIT (OR LOSS) - If you own a security or other investment that increases in value, but you don...
  
  
• PAR - 1. The principal or maturity value of a non-amortizing, debt security. 2. The current face of a m...
  
  
• PAR (BOND) - Is the principal amount of the loan. While bonds were typically issued in $1,000 denominat...
  
  
• PAR BOND - A bond trading at its face value.
  
  
• PAR LINE - The parity price at which the yield of a mortgage-backed bond equals its net coupon rate. Be...
  
  
• PAR OR BASIS GRADE - The grade or grades specified in a given futures contract for delivery. A contract...
  
  
• PAR VALUE - Par value is the face value, or named value, of a stock or bond. With stocks, the par value...