security that offers below par price. Its discounted. The facial skin worth is 100 plus the discount is a factor of 100. AKA at a discount.
Bond, share, or any other security selling at a price less than its par worth which, at a discount. Relationship values are stated on a scale where in actuality the face worth (whatever the amount) is assigned the quantity 100, together with discount is shown as one factor of 100. Like, a bond with a par price $1,000 and costing 90 is selling at $900. Also called 'at a price reduction.'
Their fidelity and sagacity are below par now.