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Par
(redirected from par for the course)

   Also found in: Dictionary/thesaurus, Medical, Legal, Acronyms, Idioms, Encyclopedia, Wikipedia 0.01 sec.
Par
Equal to the nominal or face value of a security. A bond selling at par is worth an amount equivalent to its original issue value or its value upon redemption at maturity-typically $1000/bond. See: Discount, premium.

Par
1. Of equal value. The word is often used in relation to pegged currencies; that is, if one currency pegs itself to another at par, it means that the central bank has declared that the currencies are of equal value.

2. The full price of a bond. This is usually, but not always, $1,000 per bond. Coupon payments are calculated as a percentage of par. Likewise, bonds are often traded as a percentage of par. For example, one may buy a bond at 95% of par, meaning that the investor pays $950. It is also called face value.

PAR

par
See par value.


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If you have tried and failed to achieve the sort of body that is fat-free and ready for flaunting, then you may want to look into other methods beyond the standard diet and exercise that most people consider par for the course.
The Chelsea midfielder said: "I am not particularly surprised about the criticism Steve McClaren has taken recently because, when you are England manager, it is par for the course.
But worrying is par for the course in the real estate world.
 
 
 
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