[pahr] 
noun, adjective, verb, parred, par⋅ring.| 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.
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| 5. | at par, Finance. (of a share) purchasable at issue par or nominal par. |
| 6. | average or normal. |
| 7. | Finance. at or pertaining to par: the par value of a bond. |
| 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. |
[pahr] | of or pertaining to participating insurance. |
| var. of para- 1 before a vowel: parenchyma. |
| 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). |
| par (pär) n.
To score par on (a hole or course) in golf. adj.
[From Latin pār, equal, that which is equal; see perə-2 in Indo-European roots.] |
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 (pär)
n. pl. pa·ri·a (pä'rē-ə)
A pair; specifically, a pair of cranial nerves.
para- or par-
pref.
Beside; near; alongside: paranucleus.
Beyond: parapsychology.
Incorrect; abnormal: paradipsia.
Similar to; resembling: paratyphoid.
Subsidiary; assistant: paramedical.
Isomeric; polymeric: paraldehyde.
A diatomic molecule in which the nuclei have opposite spin directions: parahydrogen.
Abbr. p- Of or relating to one of three possible isomers of a benzene ring with two attached chemical groups in which the carbon atoms with attached groups are separated by two unsubstituted carbon atoms. Usually in italic: para-bromoiodobenzene.
par
In addition to the idiom beginning with par, also see below par; on a par with; up to par.
PAR
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