Agency Identifier (AID) 3 Agency Identifier of account owner. Used in conjunction with the main account code, the AID represents the department or agency responsible for the TAS. Value required, never blank.
With regard to mortgage lending, the âpar rateâ is the interest rate a borrower will qualify for with a given bank or mortgage lender assuming there is no interest rate manipulation.
Par value for a share refers to the stock value stated in the corporate charter. Par value is important for a bond or fixed-income instrument because it determines its maturity value as well as the dollar value of coupon payments. Par value for a bond is typically $1,000 or $100. Shares usually have no par value or very low par value, such as 1 cent per share. The market price of a bond may be above or below par, depending on factors such as the level of interest rates and the bondâs credit status.