<owl:Class xmlns="https://folio.openlegalstandard.org/" xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:v1="http://www.loc.gov/mads/rdf/v1#" xmlns:owl="http://www.w3.org/2002/07/owl#" xmlns:rdf="http://www.w3.org/1999/02/22-rdf-syntax-ns#" xmlns:xsd="http://www.w3.org/2001/XMLSchema#" xmlns:folio="https://folio.openlegalstandard.org/" xmlns:rdfs="http://www.w3.org/2000/01/rdf-schema#" xmlns:skos="http://www.w3.org/2004/02/skos/core#" rdf:about="https://folio.openlegalstandard.org/R9hrBuJlNrcENMSAGmTmbbS">
  <rdfs:subClassOf rdf:resource="https://folio.openlegalstandard.org/R9UcujGuJ216ZiqT4I2aRge"/>
  <rdfs:label>Near Par</rdfs:label>
  <skos:altLabel>Close To Face Value</skos:altLabel>
  <skos:altLabel>Near Nominal Value</skos:altLabel>
  <skos:definition>Near Par refers to the trading price of a financial instrument, such as a bond or loan, that is close to its face value or nominal value. This indicates that the market price is approximately equal to the par value, typically within a narrow range above or below par.</skos:definition>
  <skos:example>A bond trading near par is priced slightly above or below its face value.</skos:example>
</owl:Class>