nominal par

noun Finance.

See under par¹(def 4b).

Words nearby nominal par

nomenklatura, nomex, nominal, nominal aphasia, nominal damages, nominal par, nominal scale, nominal sentence, nominal value, nominal wages, nominalism

Definition for nominal par (2 of 2)

par ¹

[ pahr ]

/ pɑr /

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.

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.
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).

Origin of par

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

British Dictionary definitions for nominal par

par

/ (pɑː) /

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

See par value
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 make par 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 par par value

Word Origin for par

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

Medical definitions for nominal par

par

[ pär ]

n. pl. pa•ri•a (pä′rē-ə)

A pair; specifically, a pair of cranial nerves.

Idioms and Phrases with nominal 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

BROWSE DICTIONARY

Learning

nominal par

noun Finance.

Words nearby nominal par

Definition for nominal par (2 of 2)

noun

adjective

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

Origin of par

British Dictionary definitions for nominal par

noun

adjective

Word Origin for par

Medical definitions for nominal par

n. pl. pa•ri•a (pä′rē-ə)

Idioms and Phrases with nominal par