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Tip of the Day Get the Most Bang for Your Airline Miles

Get the Most Bang for Your Airline Miles - Just because you are taking a holiday doesn't mean you shouldn't shop around. You may have plans to visit a...

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Nominal Value


Nominal Value - Nominal Value is the apparent worth or the known nominal value shown on the principal, the face, and the side, of a bill of exchange, currency, security, stock, share, bond, or the other type of financial instruments. The par value of a loan stock, bond, preferred stock, preference share, is the value at which it will redeem. Some jurisdictions allow the shares to issue with no par value factor. Par value is classically different from the market price. If the market price is higher than the par value, the difference is the premium. The lower the difference is the discount.

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Daily Definition

Definition of the Day New Zealand Exchange Limited (NZX)

New Zealand Exchange Limited (NZX) - The New Zealand Exchange Limited (NZX) began life as a regional stock exchange during the Gold Rush of the 1870's. In 1974 these regional exchanges formed one national stock exchange, the New Zealand Stock Exchange (NZSE). On June 24, 1991, NZSE implemented a computerized...

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