Definition, Meaning & Synonyms

pars

Noun

/pɑrz/

Definition

A form of the word ‘par’ which typically refers to the standard of performance in golf and a measurement in finance that indicates equality to the face value.

Examples

He made par on the third hole, meaning he played it perfectly in the expected number of strokes.
Her investment yielded returns that were at par with industry standards.

Meaning

In golf, ‘pars’ indicate the number of strokes that a skilled golfer is expected to take to complete a hole or a round; in finance, it represents a state where the market value of a financial instrument equals its face value.