The word par means standard or average, from Latin meaning equal. For example, the face value of a stock or bond. Far above par, then means beyond the average or standard. If a stock or bond is sold at a… Full Answer
The basic meaning of par stock is the amount of stock a business or individual should keep on hand at all times. If your stock amount falls below this par, you should purchase more to keep it at that number.
Par value is the standard price of securities such as Stock and Bonds; it has nothing to do with cash valuation. Cash is stated on the financial statements at Nominal Value (i.e., current dollars unadjusted for inflation).
Par levels are the products/goods been sold in your establishment which is the maximum and minimum amount of stock that is required. For example in a Dinning restaurant your par levels such as foods and beverages are to be checked… Full Answer