How Do You Spell NONPAR?

Pronunciation: [nˌɒnpˈɑː] (IPA)

The word "nonpar" is a shortened version of the term "nonpareil," which means "having no equal." The IPA phonetic transcription for this word is /ˌnɒnpəˈreɪl/. The spelling of "nonpar" can be confusing because it drops the final "i" and "l" in "nonpareil." However, the pronunciation remains the same. It is important to note that "nonpar" may not be recognized as a standard word in some contexts, and using the full term "nonpareil" is often recommended for clarity.

NONPAR Meaning and Definition

1. Nonpar, short for non-par value, refers to a financial instrument or security that is issued without any predetermined or fixed face value. Unlike traditional bonds or stocks that are assigned a par value, nonpar securities do not have a specified principal amount.

   Nonpar securities are typically structured to pay interest or dividends based on a specific formula rather than a fixed rate or amount. This means that the interest or dividend payments fluctuate based on the financial performance of the underlying asset or investment.

   Nonpar instruments are often seen in the insurance industry, where they are used to measure the performance of policies or investment accounts. In this context, nonpar value denotes the value of the policy or account based on the actual cash value or market value of the assets held within.

   Nonpar securities can also refer to certain types of bonds, such as zero-coupon bonds, which do not make regular interest payments but are instead issued at a discount from their eventual maturity value. These bonds are commonly associated with long-term investments where the interest is effectively accrued in the form of a capital gain over the holding period.

   Overall, nonpar is a term used to describe financial instruments or securities that lack a predetermined face value, with their interest or dividend payments being based on formulas or market fluctuations.

Common Misspellings for NONPAR

• nonpour
• bonpar
• monpar
• jonpar
• honpar
• ninpar
• nknpar
• nlnpar
• npnpar
• n0npar
• n9npar
• nobpar
• nompar
• nojpar
• nohpar
• nonoar
• nonlar
• non0ar
• nonpzr
• nonpsr

Etymology of NONPAR

The word "nonpar" is derived from the combination of two words: "non" and "par". The term "non" is a prefix derived from the Latin word "non", meaning "not". And "par" refers to the abbreviation of the word "parole", which originated from the Latin word "parabola", meaning "word" or "speech".

In law enforcement and criminal justice contexts, "nonpar" is short for "nonparole", indicating a sentence without the possibility of parole. The term is commonly used when describing prison sentences that do not allow for early release or parole eligibility.

Plural form of NONPAR is NONPARS