par

11 definitions • 12 examples

the same as or equal to someone or something:

The regeneration of the city's downtown dock front will put it on a par with Nice or Cannes.

the usual standard or condition

the expected number of times in golf that a good player should have to hit the ball in order to get it into a hole or into all the holes:

Tiger Woods finished the round 10 below/under par.

the original value of a share, bond, etc. when it is made available for sale for the first time:

Clients will be entitled to borrow 100 percent of the par value of their securities at a low interest rate.

the usual standard or condition:

About half the teachers are good, and the rest are clearly below par.

In golf, par is the expected number of times a good player should have to hit the ball in order to get it into a hole or into all the holes:

Walker shot a par 72 for the victory.

abbreviation for paragraph

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.

worse than the usual or expected standard:

California ranks below par in tackling the retiree health-care issue.

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.

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.