par

Topic: STOCKS AND SHARES

par
noun

par

[uncountable]

to be at the same level or standard:

The wages of clerks were on a par with those of manual workers.

We will have Christmas decorations on a par with anything on show at the MetroCentre.

a) MI to feel a little ill or lacking in energy:

I've been feeling a little under par the last couple of weeks.

b) also not be up to par to be less good than usual or below the proper standard:

None of the people who'd auditioned were really up to par.

The champion was playing well below par.

to be what you would normally expect to happen - used to show disapproval:

Long hours and tough working conditions are often par for the course in catering.

4DSG the number of strokes a good player should take to hit the ball into a hole in the game of golf:

The last hole is a par five.

5 also par value technicalBFS the value of a stock or bond that is printed on it when it is first sold:

bonds sold at 97% of their par value

at/above/below/under par

The notes are currently trading at 10% above par.

Definition of par from the Longman Dictionary of Contemporary English within
the topic STOCKS AND SHARES