Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “par”

par

noun [U]
 
 
/pɑːr/
(also nominal price) FINANCE the original value of a share, bond, etc. when it is first available for sale: at par The bonds were priced at par with an initial yield of 4.4%.a par value of sth The Board of Directors authorized the designation of 1,000,000 shares of stock, with a par value of $0.10 per share.
under/below/sub par worse than the usual or expected standard: California ranks below par in tackling the retiree health-care issue.
on a par with sb/sth UK (US on par with sb/sth) the same as or equal to someone or something: It is rated on a par with its rivals despite outperforming its sector in almost every measure. People often don't insist on raises that keep their pay on par with inflation.
par for the course a situation or standard of work or behaviour that is considered normal or typical: Massive management fees, he says, are par for the course in keeping an international operation running. The company's stock was hit hard today, but that's par for the course in this economy.
→ See also par bond
(Definition of par from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of par?
Add Cambridge dictionaries to your browser to your website

Definitions of “par” in other dictionaries

Word of the Day

innovate

to introduce changes and new ideas

Word of the Day

Blog

Read our blog about how the English language behaves.

Learn More

New Words

Find words and meanings that have just started to be used in English, and let us know what you think of them.

Learn More