PAR

n. 1 the average or normal amount, degree, condition, etc. (feel below par; be up to par). 2 equality; an equal status or footing (on a par with). 3 Golf the number of strokes a first-class player should normally require for a hole or course. 4 Stock Exch. the face value of stocks and shares etc. (at par). 5 (in full par of exchange) the recognized value of one country's currency in terms of another's. øabove (or below) par Stock Exch. at a premium (or discount). at par Stock Exch. at face value. par for the course colloq. what is normal or expected in any given circumstances. [L (adj. & n.) = equal, equality]