Parity Value Love Machine 16 years ago Parity Value Value when a convertible security is converted with immediate effect. Also called convertible value or conversion value Random Finance Terms for the Letter P Paper Gain (Loss) Par Value Parallel Loan Parallel Shift in the Yield Curve Parameter Parity Value Partial Redemption Participating GIC Participating Fees Partnership Recommended for you: Parallel Loan Partial Redemption Parameter Partnership