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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.

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.

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)

the state of the shares of any business, undertaking, loan, etc., when they may be purchased at the original price (issue par) or at their face value (nominal par).

Definition of par noun in Oxford Advanced Learner's Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more.

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Par definition: the legally established value of the monetary unit of one country in terms of that of another using the same metal as a standard of value.. See examples of PAR used in a sentence.