Dictionary - Definition of ABOVE PAR


Part of Speech	Definition
Expression	1. At a premium.[Websters].
Source: Webster's Revised Unabridged Dictionary (1913)		Top

Common Expressions: ABOVE PAR

Expressions	Definition
Above par	At a premium. Source: Webster's Revised Unabridged Dictionary.
Source: compiled by the editor from various references; see credits.		Top

Expressions	Domain	Definition
Above par	Finance	1: A price which is more than 100 %. Source: European Union. (references)
		2: A higher dollar amount than the face value, or par, of a security. The term is used when a security is sold for a price higher than its face value. (references)
Above par	Literature	1: A commercial term meaning that the article referred to is more than its nominal value. Thus, if you must give more than #100, for a #100 share in a bank company, a railway share, or other stock, we say the stock is "above par." 2: Figuratively, a person in low spirits or ill health says he is "below par." 3: If, on the other hand, a nominal #100 worth can be bought for less than #100, we say the stock is "below par." Source: Brewer's Dictionary.
Source: compiled by the editor from various references; see credits.			Top