issue par

noun Finance.

See under par¹(def 4b).

par¹

[pahr]

noun

an equality in value or standing; a level of equality: The gains and the losses are on a par.
an average, usual, or normal amount, degree, quality, condition, standard, or the like: above par; to feel below par.
Golf. the number of strokes set as a standard for a specific hole or a complete course.
Finance.
1. the legally established value of the monetary unit of one country in terms of that of another using the same metal as a standard of value.
2. the state of the shares of any business, undertaking, loan, etc., when they may be purchased at the original price (issue par) or at their face value (nominal par).
at par, Finance. (of a share) purchasable at issue par or nominal par.

adjective

average or normal.
Finance. at or pertaining to par: the par value of a bond.

verb (used with object), parred, par·ring.

Golf. to equal par on (a hole or course).

Idioms

par for the course, exactly what one might expect; typical: They were late again, but that's par for the course.

Origin of par¹

First recorded in 1615–25, par is from the Latin word pār equal

Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018

British Dictionary definitions for issue par

par

noun

an accepted level or standard, such as an average (esp in the phrase up to par)
a state of equality (esp in the phrase on a par with)
finance the established value of the unit of one national currency in terms of the unit of another where both are based on the same metal standard
commerce
1. See par value
2. the condition of equality between the current market value of a share, bond, etc, and its face value (the nominal par). This equality is indicated by at par, while above (or below) par indicates that the market value is above (or below) face value
golf an estimated standard score for a hole or course that a good player should makepar for the course was 72
below par or under par not feeling or performing as well as normal
par for the course an expected or normal occurrence or situation

adjective

average or normal
(usually prenominal) commerce of or relating to parpar value

Word Origin

C17: from Latin pār equal, on a level; see peer 1

Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Word Origin and History for issue par

par

prep.

"by, for," mid-13c., from Old French par, per, from Latin per (see per).

par

n.

1620s, "equality," also "value of one currency in terms of another," from Latin par "equal, equal-sized, well-matched," also as a noun, "that which is equal, equality," of unknown origin. Watkins suggests perhaps from PIE root *pere- "to grant, allot," with suggestion of reciprocality (see part (n.)).

Another guess connects it with PIE root *per- "to traffic in, sell" (on notion of "give equal value for"); see pornography. Meaning "average or usual amount" is first attested 1767. Golf usage is first attested 1898. Figurative use of par for the course is from 1928.

issue par in Medicine

par

(pär)

n. pl. pa•ri•a (pä′rē-ə)

A pair; specifically, a pair of cranial nerves.

Idioms and Phrases with issue par

par

In addition to the idiom beginning with par

par for the course

also see:

below par
on a par with
up to par