The fact that the Illuminati did not require a belief in a supreme being made them particularly popular amongst atheists. This, and the fact that most members were humanists, is the reason for the widespread belief that the Illuminati wants to overthrow organized religion. Internal panic over the succession of a new leader, and government attempts to outlaw the group saw to it collapsing entirely in the late 1700s.
par bond definition, meaning, what is par bond: a bond that is sold at the value that it had when it was first sold: . Learn more.
For example, if a bond certificate says $1,000, the face value is $1000. Bonds pay the face value at maturity, and calculate coupons as a percentage of the face value. Many bonds are issued at their face value, though discount bonds are not. The face value is also called the par value or simply par. See par value.