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 (orbelow) par indicates that the market value is above (or below) face value
(golf) an estimated standard score for a hole or course that a good player should make par for the course was 72
below par, under par, not feeling or performing as well as normal
par for the course, an expected or normal occurrence or situation
average or normal
(usually prenominal) (commerce) of or relating to par par value
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.
An average or normal amount; just what one might expect. For example, I missed three questions, but that's par for the course. This term comes from golf, where it refers to the number of strokes needed by an expert golfer to finish the entire course. Its figurative use for other kinds of expectation dates from the second half of the 1900s.