Examlex
Which term fits in least well with the others?
Par Value
A nominal value assigned to a security or stock, often used to calculate dividends or interest.
Interest
The cost of borrowing money or the compensation paid for the use of money, usually expressed as an annual percentage rate.
Premium
The amount paid for an insurance policy, or the amount by which a bond or stock sells above its par value.
Par Value
The nominal or face value of a stock or bond as stated by the issuing company, which may differ from its market value.
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