股票面值
par value
即證券的票面價值，也就是發行價格。普通股票的面值通常和市價無關，但是面值對債券和優先股則相當重要，因為利息或股利大多是以面值的百分比來計算。
That par value of the securities, which is the issue price. Common stock par value and market price is usually irrelevant, but the face value of bonds and preferred stock is quite important, because most of the interest or dividends as a percentage of the face value is calculated.