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Par

P`AR, n. [L. par, equal, paro.] 1. State of equality; equal value; equivalence without discount or premium. Bills of exchange are at par, above par, or below par. Bills are at par, when they are sold at their...

Webster Dictionary
English dictionary 16.3 MB

Meaning

P`AR, n. [L. par, equal, paro.]

1. State of equality; equal value; equivalence without discount or premium. Bills of exchange are at par, above par, or below par. Bills are at par, when they are sold at their nominal amount for coin or its equivalent.

2. Equality in condition.

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