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English definition of “above par”

above par

adjective    
STOCK MARKET relating to bonds, shares, etc. that are selling at more than their face value (= the value shown on them): Stock bought above par will result in a capital loss.
better than usual, or above the expected standard: The food in the hotel is well above par.
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(Definition of above par adjective from the Cambridge Business English Dictionary © Cambridge University Press)
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