above par

简明释义

高于面值

英英释义

例句

1.Her performance in the competition was definitely above par, earning her the first place.

她在比赛中的表现绝对是超出标准，赢得了第一名。

2.The restaurant's service was above par, making our dining experience very enjoyable.

这家餐厅的服务超出标准，让我们的用餐体验非常愉快。

3.His knowledge of the subject is above par, which impressed all the interviewers.

他对这个主题的知识超出标准，给所有面试官留下了深刻印象。

4.I would say that the movie was above par compared to others in the same genre.

我认为这部电影相比同类其他作品来说是超出标准的。

5.The team's performance this season has been above par, leading them to the playoffs.

该队本赛季的表现超出标准，使他们晋级季后赛。

作文

In the world of finance and investments, the term above par is often used to describe a situation where the market value of a bond or security exceeds its face value. This concept is crucial for investors who are looking to maximize their returns while managing risks. Understanding what it means for an asset to be above par can help investors make informed decisions when buying or selling securities. When a bond is issued, it typically has a face value, which is the amount the issuer agrees to pay the bondholder at maturity. If the bond's market price rises above this face value, it is considered to be trading above par. For example, if a bond has a face value of $1,000 and is currently trading at $1,050, it is said to be above par. This can occur for several reasons, including a decrease in interest rates, improved credit quality of the issuer, or increased demand for the bond itself.Investors often seek bonds that trade above par as they may indicate strong performance and stability. However, it is essential to consider the reasons behind this pricing. A bond trading above par may have a lower yield compared to its original coupon rate, leading some investors to question whether it is still a worthwhile investment. It is crucial to analyze the overall market conditions and the specific attributes of the bond before making any investment decisions.Additionally, the concept of above par is not limited to bonds. In the stock market, stocks can also trade above par, particularly those that are well-established and show consistent growth. Investors often look for stocks with strong fundamentals and positive market sentiment that can drive prices higher than their nominal value. For instance, a company might have a nominal share value of $10, but due to its robust financial performance and growth prospects, the shares could be trading at $15. This situation indicates that the market believes the company is worth more than its stated value, reflecting investor confidence and expectations for future earnings. Stocks trading above par can be attractive to investors seeking capital appreciation, but they also come with inherent risks, especially if the market sentiment shifts.In conclusion, the term above par serves as an essential indicator in both the bond and stock markets. It signifies that an asset is valued higher than its face value, which can reflect various underlying factors such as market conditions, investor sentiment, and the financial health of the issuer. While investing in assets that are above par can offer potential rewards, it is equally important to conduct thorough research and analysis to understand the risks involved. By doing so, investors can navigate the complexities of the financial markets more effectively and make strategic investment choices that align with their financial goals.

在金融和投资领域，术语above par常用于描述债券或证券的市场价值超过其面值的情况。这个概念对于寻求最大化回报同时管理风险的投资者至关重要。理解资产为何会处于above par状态可以帮助投资者在买卖证券时做出明智的决策。当债券发行时，它通常具有面值，即发行者同意在到期时支付给债券持有人的金额。如果债券的市场价格高于这个面值，则被认为是以above par交易。例如，如果一只债券的面值为1000美元，而目前交易价格为1050美元，那么它就被称为above par。这种情况可能由于多种原因而发生，包括利率下降、发行者信用质量改善或对该债券本身的需求增加。投资者通常会寻找以above par交易的债券，因为这可能表明强劲的表现和稳定性。然而，考虑这种定价背后的原因至关重要。以above par交易的债券可能与其原始票息率相比收益较低，这使一些投资者质疑它是否仍然是值得投资的选择。在做出任何投资决策之前，分析整体市场条件和债券的特定属性至关重要。此外，above par的概念不仅限于债券。在股票市场中，股票也可以以above par的价格交易，特别是那些成熟且显示出持续增长的股票。投资者通常会寻找基本面强劲且市场情绪积极的股票，这些股票能够推动价格高于其名义价值。例如，一家公司的名义股价为10美元，但由于其稳健的财务表现和增长前景，股票可能交易在15美元。这种情况表明，市场认为该公司的价值超过其声明的价值，反映了投资者的信心和对未来收益的预期。以above par交易的股票对寻求资本增值的投资者具有吸引力，但它们也伴随着固有风险，尤其是在市场情绪发生变化时。总之，术语above par在债券和股票市场中都是一个重要的指标。它表示某项资产的价值高于其面值，这可能反映出市场条件、投资者情绪和发行者财务健康等各种潜在因素。虽然投资于处于above par状态的资产可能提供潜在回报，但同样重要的是进行深入研究和分析，以了解所涉及的风险。通过这样做，投资者可以更有效地驾驭金融市场的复杂性，并做出与其财务目标相一致的战略投资选择。