| 单词 | par |
| 释义 | par par // noun [U] (also par value, nominal value [C,U]) (also nominal price [C])
ABOVE PAR, BELOW PAR
(Finance ) the value given to a share when it is first made available for sale, which may be greater or smaller than the price paid for it: The scheme offers a range of securities priced to be purchased at par. The bonds trade at less than 8% of par value. ⇨ FACE VALUE, NO-PAR
IDIOMS
below/under/sub par less well, good, etc. than is usual or expected: Some key employees are performing below par. Performance is sub par. In the manufacturing sector, orders are below par.
on a par with sb/sth (also on par with sb/sth, especially in AmE) as good as usual or as good as it should be: Prices in Germany are on a par with the UK. |
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