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The meaning of PAR is the established value of the monetary unit of one country expressed in terms of the monetary unit of another country using the same metal as the standard of value.

1. an accepted level or standard, such as an average (esp in the phrase up to par) 2. a state of equality (esp in the phrase on a par with)

par. noun [ C ] abbreviation for paragraph (Definition of par from the Cambridge Academic Content Dictionary © Cambridge University Press)

1. Equal to the standard; normal: a solid, par performance. 2. Of or relating to monetary face value.

In golf, par is the average number of times an excellent player needs to hit the ball, either for one particular hole or for the entire course. You might describe the fourth hole, for example, as being par …

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