Below par
Par Par, n. [L. par, adj., equal. See {Peer} an equal.] [1913 Webster] 1. Equal value; equality of nominal and actual value; the value expressed on the face or in the words of a certificate of value, as a bond or other commercial paper. [1913 Webster]

2. Equality of condition or circumstances. [1913 Webster]

3. An amount which is taken as an average or mean. [Eng.] [Webster 1913 Suppl.]

4. (Golf) The number of strokes required for a hole or a round played without mistake, two strokes being allowed on each hole for putting. Par represents perfect play, whereas {bogey} makes allowance on some holes for human frailty. Thus if par for a course is 75, bogey is usually put down, arbitrarily, as 81 or 82. If par for one hole is 5, a {bogey} is 6, and a score of 7 strokes would be a {double bogey}. [Webster 1913 Suppl. +PJC]

{At par}, at the original price; neither at a discount nor at a premium; -- used especially of financial instruments, such as bonds.

{Above par}, at a premium.

{Below par}, (a) at a discount. (a) less than the expected or usual quality; -- of the quality of objects and of the performance of people; as, he performed below par in the game.

{On a par}, on a level; in the same condition, circumstances, position, rank, etc.; as, their pretensions are on a par; his ability is on a par with his ambition.

{Par of exchange}. See under {Exchange}.

{Par value}, nominal value; face value; -- used especially of financial instruments, such as bonds. [1913 Webster +PJC]


The Collaborative International Dictionary of English. 2000.

Look at other dictionaries:

  • below par — {adj.} or {adv.} Below standard. * /Bob was fired because his work has been below par for several months now./ Contrast: UP TO PAR or UP TO SNUFF …   Dictionary of American idioms

  • below par — {adj.} or {adv.} Below standard. * /Bob was fired because his work has been below par for several months now./ Contrast: UP TO PAR or UP TO SNUFF …   Dictionary of American idioms

  • below par — If something isn t up to standard, or someone isn t feeling or doing very well, they are below par …   The small dictionary of idiomes

  • below par — [adj] second rate in quality below average, imperfect, inferior, lacking, not oneself, off, off form, poor, substandard, under the weather*, wanting; concept 574 …   New thesaurus

  • below par — index defective, deficient, faulty, ignoble, imperfect, inferior (lower in quality), marginal, nonsubstantial (not sturdy) …   Law dictionary

  • below par — 1 their performances have been below par: SUBSTANDARD, inferior, not up to scratch, under par, below average, second rate, mediocre, poor, undistinguished; informal not up to snuff; N. Amer …   Useful english dictionary

  • below par — Less than the nominal or face value of a security. Bloomberg Financial Dictionary * * * Ⅰ. under/below/sub par ► worse than the usual or expected standard: »California ranks below par in tackling the retiree health care issue. Main Entry: ↑par …   Financial and business terms

  • Below Par — A term describing a bond whose price is below the face value or principal value, usually $1,000. As bond prices are quoted as a percentage of face value, a price below par would typically be anything less than 100. A bond trading below par is the …   Investment dictionary

  • below par — 1) their performances have been below par Syn: substandard, inferior, not up to scratch, subpar, under par, below average, second rate, mediocre, poor, undistinguished; informal not up to snuff, bush league 2) I m feeling below par Syn …   Thesaurus of popular words

  • below\ par — adj or adv Below standard. Bob was fired because his work has been below par for several months now. Contrast: up to par or up to snuff …   Словарь американских идиом

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