par
C1Pronunciation
UK
- /pˈɑː/
US
- /ˈpɑr/
Description
- level
- standard
- equality
- face value
"Par" has a surprisingly wide range of uses. Most people know it from golf, where it means the expected number of strokes needed to finish a hole or course. But it also means equal or at the same level. If one thing is "on par" with another, they match in quality, amount, or status. It can also refer to the face value of a stock or bond; when a bond is sold "at par," it is sold for that stated value.
From the Latin par, meaning "equal," the word often points to a standard or level to aim for. If something is "up to par," it meets what is expected. Whether you are talking about a golf score, comparing work, or looking at finance, "par" marks a point of equality, value, or standard.
The word "par" has several distinct meanings, all stemming from its original Latin root meaning "equal." While it is most commonly associated with golf, where it represents the standard number of strokes for a hole or course ("He shot three over par"), its applications extend far beyond the putting green.
"Par" signifies equality or equivalence. When you say something is "on par" with another thing, you mean they are comparable in quality, amount, or status. For example: "Her salary is on par with industry standards." This usage emphasizes fairness and balance. By contrast, "below par" means below the expected level. It can describe poor performance, lower quality, or even a person who is not feeling well.
In finance, "par value" refers to the nominal or face value of a bond or stock. A bond selling "at par" is trading at its original face value. If it is selling below par, it is trading at a discount; if it is above par, it is trading at a premium.
Historically, "par" was also used in legal and commercial contexts to show equality in an exchange or relationship. Whether you are calculating a golf score, assessing a financial investment, or comparing achievements, "par" acts as a benchmark for equality, value, and expected standard. It is a small word, but it quietly carries the idea of measuring something against what is normal, fair, or required.
Examples
- 1
Golf hole
The seventh hole is a par five.
- 2
Golf score
She made par on the last hole and won the match.
- 3
Golf performance
He finished the round three under par.
Domain
in golf, under par
better than the expected score
- 4
Quality
The food at the hotel was below par this time.
Phrase
below par
worse than usual or expected
- 5
Product comparison
The new camera is on par with models that cost twice as much.
Pattern
on par with + thing
as good as or at the same level as it
- 6
Annoying norm
A long delay is par for the course at this airport.
Phrase
par for the course
normal or expected, often in an annoying situation
- 7
Finance
The bonds were sold at par.
Domain
in finance, at par
for the official value
Forms and spellings
2 forms open this card.
Main spelling
- parnounverb
Forms
- parspluralnounverb