| Share
 

Par

(A). A newspaper paragraph. (Press slang.)

Par

(At). Stock at par means that it is to be bought at the price it represents. Thus, 100 stock in the 2 1/2 per cent. quoted at par would mean that it would require 100 to invest in this stock; if quoted at 105, it would be 5 above par; if at 95, it would be 5 below par. (Latin, par, equal.)

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 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