par¹ / pär/ • n. 1. Golf the number of strokes a first-class player should normally require for a particular hole or course: the sixteenth is a par five he had advanced from his overnight position of three under par. ∎  a score of this number of strokes at a hole: a card that showed 16 pars, one eagle, and one birdie.2. Stock Market the face value of a stock or other security, as distinct from its market value. ∎  (also par of exchange) the recognized value of one country's currency in terms of another's.• v. (parred, par·ring) [tr.] Golf play (a hole) in par.PHRASES: above (or below or under) par better (or worse) than is usual or expected: poor nutrition can leave you feeling below par.on a par with equal in importance or quality to; on an equal level with: this home cooking is on a par with the best in the world.par for the course what is normal or expected in any given circumstances: given the high standards of the food, the prices seem par for the course.up to par at an expected or usual level or quality.par² / par/ • n. inf. a paragraph.

PAR

Incommercial law, equal; equality.

The term par refers to an equality that exists between the nominal or face value of a document—such as a bill of exchange or a share of stock—and its actual selling value. When the values are equal, the share is said to be at par; if it can be sold for more than its face value, it is above par; if it is sold for less than its nominal value, it is below par.

PAR Acronym for positive acknowledgment and retransmission. See backward error correction.

PAR See physical activity ratio.

par equality of value, equal footing; recognized value of currency, etc. XVII; average amount XVIII. — L. pār equal.