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Definition of Par - 20 dictionary results

par

1[pahr] noun, adjective, verb, parred, par⋅ring.
–noun
1. an equality in value or standing; a level of equality: The gains and the losses are on a par.
2. an average, usual, or normal amount, degree, quality, condition, standard, or the like: above par; to feel below par.
3. Golf. the number of strokes set as a standard for a specific hole or a complete course.
4. Finance.
a. 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.
b. 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).
5. at par, Finance. (of a share) purchasable at issue par or nominal par.
–adjective
6. average or normal.
7. Finance. at or pertaining to par: the par value of a bond.
–verb (used with object)
8. Golf. to equal par on (a hole or course).
9. par for the course, exactly what one might expect; typical: They were late again, but that's par for the course.

Origin:
1615–25; < L pār equal

par

2[pahr]
–adjective Insurance.
of or pertaining to participating insurance.

Origin:
shortening of participating

par-

var. of para- 1 before a vowel: parenchyma.

para-

1
1. a prefix appearing in loanwords from Greek, most often attached to verbs and verbal derivatives, with the meanings “at or to one side of, beside, side by side” (parabola; paragraph; parallel; paralysis), “beyond, past, by” (paradox; paragogue); by extension from these senses, this prefix came to designate objects or activities auxiliary to or derivative of that denoted by the base word (parody; paronomasia), and hence abnormal or defective (paranoia), a sense now common in modern scientific coinages (parageusia; paralexia). As an English prefix, para-1 may have any of these senses; it is also productive in the naming of occupational roles considered ancillary or subsidiary to roles requiring more training, or of a higher status, on such models as paramedical and paraprofessional: paralegal; paralibrarian; parapolice.
2. Chemistry. a combining form designating the para (1, 4) position in the benzene ring. Abbreviation: p-. Compare meta- (def. 2c), ortho- (def. 2b).
Also, especially before a vowel, par-.


Origin:
< Gk para-, comb. form repr. pará (prep.) beside, alongside of, by, beyond
par   (pär)   
n.  
  1. An amount or level considered to be average; a standard: performing up to par; did not yet feel up to par.
  2. An equality of status, level, or value; equal footing: a local product on a par with the best foreign makes.
  3. The established value of a monetary unit expressed in terms of a monetary unit of another country using the same metal standard.
  4. The face value of a stock, bond, or other negotiable instrument: sold the bond at par.
  5. Sports The number of golf strokes considered necessary to complete a hole or course in expert play.
tr.v.   parred, par·ring, pars Sports
To score par on (a hole or course) in golf.
adj.  
  1. Equal to the standard; normal: a solid, par performance.
  2. Of or relating to monetary face value.

[From Latin pār, equal, that which is equal; see perə-2 in Indo-European roots.]

Par

Par\, n. 1. An amount which is taken as an average or mean. [Eng.]

2. (Golf) The number of strokes required for a hole or a round played without mistake, two strokes being allowed on each hole for putting. Par represents perfect play, whereas bogey makes allowance on some holes for human frailty. Thus if par for a course is 75, bogey is usually put down, arbitrarily, as 81 or 82.

Par

Par\, n. (Zo["o]l.) See Parr.

Par

Par\, prep. [F., fr. L. per. See Per.] By; with; -- used frequently in Early English in phrases taken from the French, being sometimes written as a part of the word which it governs; as, par amour, or paramour; par cas, or parcase; par fay, or parfay.

Par

Par\, n. [L. par, adj., equal. See Peer an equal.]

1. Equal value; equality of nominal and actual value; the value expressed on the face or in the words of a certificate of value, as a bond or other commercial paper.

2. Equality of condition or circumstances.

At par, at the original price; neither at a discount nor at a premium.

Above par, at a premium.

Below par, at a discount.

On a par, on a level; in the same condition, circumstances, position, rank, etc.; as, their pretensions are on a par; his ability is on a par with his ambition.

Par of exchange. See under Exchange.

Par value, nominal value; face value.
Language Translation for : Par
Spanish: valor medio; par,
German: der Nennwert,
Japanese: 標準

par 
1622, "equality," also "value of one currency in terms of another," from L. par "equal, that which is equal, equality" (see pair). Meaning "average or usual amount" is first attested 1767. Golf usage is first attested 1898. Figurative use of par for the course is from 1947.

Par

1. The face value of a bond. Generally $1,000 for corporate issues, with higher denominations such as $10,000 for many government issues.

2. A dollar amount assigned to a security when first issued.

Investopedia Commentary

For stocks, par is usually a small dollar amount that bears no relationship to the security's market price.

Related Links

Bond Basics Tutorial

See also: Baby Bond, Bond, Face Value, Maturity Date, Original Issue Discount, Security


par

See par value 1, 2.


Main Entry: par
Pronunciation: 'pär
Function: noun
Etymology: Latin, one that is equal, from par equal
: the face amount of an instrument of value (as a check or note): as a : the monetary value assigned to each share of stock in the charter of a corporation b : the principal of a bond

Main Entry: par
Function: adjective
: PARTICIPATING

Main Entry: par
Pronunciation: 'pär
Function: noun
: a usual standard of physical condition or health par—Morris Fishbein>

par (pär)
n. pl. pa·ri·a (pä'rē-ə)
A pair; specifically, a pair of cranial nerves.

par

In addition to the idiom beginning with par, also see below par; on a par with; up to par.

PAR
  1. post-anesthesia room
  2. preferred arrival route
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