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at par

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par

1  [pahr] noun, adjective, verb, parred, par⋅ring.
Use at par in a Sentence
–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).
—Idiom
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
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
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att.com
Word Origin & History

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.
Online Etymology Dictionary, © 2001 Douglas Harper
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Financial Dictionary

PAR

See Public Automated Routing System.

Wall Street Words: An A to Z Guide to Investment Terms by David L. Scott.
Copyright © 2003. Published by Houghton Mifflin.
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Legal Dictionary

Main Entry: par
Function: adjective
: PARTICIPATING
Merriam-Webster's Dictionary of Law, © 1996 Merriam-Webster, Inc.
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Medical Dictionary

Main Entry: par
Pronunciation: 'pär
Function: noun
: a usual standard of physical condition or health par—Morris Fishbein>
Merriam-Webster's Medical Dictionary, © 2002 Merriam-Webster, Inc.
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Medical Dictionary

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

The American Heritage® Stedman's Medical Dictionary
Copyright © 2002, 2001, 1995 by Houghton Mifflin Company. Published by Houghton Mifflin Company.
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