PAR AMOUNT Crossword Clue

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Crossword Puzzle Infos
The term PAR AMOUNT can be solved in a crossword puzzle with the answer STROKES. In finance, PAR amount is the face value of a security, such as a bond or stock certificate. It is also known as the nominal value or face value. PAR amount is the amount of money that the issuer of the security promises to pay the holder at maturity. The term 'PAR' is derived from the French word for 'EQUAL'. In golf, strokes are the number of times a golfer hits the ball with a club before it reaches the hole. Strokes are used to measure the performance of a golfer on a golf course.
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