Meaning of “below par” in the English Dictionary

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"below par" in Business English

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below paradjective

uk us

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.

(Definition of “below par” from the Cambridge Business English Dictionary © Cambridge University Press)