See Also:

maulstick (iou) and Par (money)


maulstick (iou)



maulstick noun. M17.
[Dutch maalstok, from malen to paint + stok stick.]
A light stick with a padded leather ball at one end, held by a painter in one hand as a support for the hand used for painting.

Par (money)


Definition: Dollar value designated for common stock by a corporation's charter. Par can also mean the dollar value on which dividends are calculated for a corporation's preferred stock.

Definition: [crh] Equal to the nominal or face value of a Security. A bond selling at par is worth an Definition: amount equivalent to its original issue value or its value upon redemption at maturity-typically $1000/bond. See: DisDefinition: count, premium.