See Also:

futile (iou) and Below par (finance)


futile (iou)



futile adjective. M16.
[Latin futilis, futtilis that easily pours out, leaky, from fut-, app. from fundere pour: see -ILE.]
Incapable of producing any result; useless, vain. M16.
Conan Doyle Our speculations are futile until we have all the facts. A. Storr His whole life has been a futile striving after the impossible.
b. Occupied with worthless or trivial matters; frivolous, lacking in purpose. M18.
Talkative, unable to keep silent. Long rare. M16.
futilely adverb L19.
futileness noun (now rare) E18.
futilize verb trans. make futile M18.

Below par (finance)


Less than the nominal or face value of a Security.