below par - definition in the Business English Dictionary - Cambridge Dictionaries Online

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English definition of “below par”

below par

adjective
 
 
STOCK MARKET relating to a bond or share that sells at a price that is lower than the value shown on it: If the bond is trading below par, the issuer is likely to repurchase it in the market.
worse than usual, or below the expected standard: Customers who were surveyed reported that the company's products are expensive and below par. →  Compare above par
(Definition of below par from the Cambridge Business English Dictionary © Cambridge University Press)
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