| Share
 

Above par

A commercial term meaning that the article referred to is more than its nominal value. Thus, if you must give more than £100, for a £100 share in a bank company, a railway share, or other stock, we say the stock is “above par.”

If, on the other hand, a nominal £100 worth can be bought for less than £100, we say the stock is “below par.”

Figuratively, a person in low spirits or ill health says he is “below par.”

Source: Dictionary of Phrase and Fable, E. Cobham Brewer, 1894
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

More on Above par from Infoplease:

Related Content

24 X 7

Private Tutor

Click Here for Details
24 x 7 Tutor Availability
Unlimited Online Tutoring
1-on-1 Tutoring