Par (noun) Definition, Meaning & Examples

noun
  1. Finance.
    • the legally established value of the monetary unit of one country in terms of that of another using the same metal as a standard of value.
    • the state of the shares of any business, undertaking, loan, etc., when they may be purchased at the original price (issue par ) or at their face value (nominal par ).
  2. an equality in value or standing; a level of equality: The gains and the losses are on a par.
  3. an average, usual, or normal amount, degree, quality, condition, standard, or the like:above par;to feel below par.
  4. the number of strokes set as a standard for a specific hole or a complete course.
adjective
  1. average or normal.
  2. at or pertaining to par: the par value of a bond.
verb (used with object), parred, par·ring.
  1. to equal par on (a hole or course).
Idioms
  1. (of a share) purchasable at issue par or nominal par.
  2. exactly what one might expect; predictable; typical: They were late again, but that's par for the course.
adjective Insurance.
  1. of or relating to participating insurance.
  1. variant of para-1 before a vowel: parenchyma.
abbreviation
  1. paragraph.
  2. parallel.
  3. parenthesis.
  4. parish.
noun
  1. an accepted level or standard, such as an average (esp in the phrase up to par)
  2. a state of equality (esp in the phrase on a par with)
  3. the established value of the unit of one national currency in terms of the unit of another where both are based on the same metal standard
  4. commerce
    • See par value
    • the condition of equality between the current market value of a share, bond, etc, and its face value (the nominal par). This equality is indicated by at par, while above (or below) par indicates that the market value is above (or below) face value
  5. an estimated standard score for a hole or course that a good player should make
  6. not feeling or performing as well as normal
  7. an expected or normal occurrence or situation
adjective
  1. average or normal
  2. of or relating to par
prefix
  1. a variant of para- 1
abbreviation for
  1. paragraph
  2. parenthesis
  3. parish
abbreviation for
  1. Paraguay
Par (noun) Definition, Meaning & Examples

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