below par
adjective
ukusSTOCK MARKET
relatingto abondorsharethatsellsat apricethat islowerthan thevalueshownon it:
If thebondistradingbelowpar, the issuer islikelyto repurchase it in themarket.
worsethanusual, or below theexpectedstandard:
Customers who weresurveyedreportedthat the company'sproductsareexpensiveand belowpar.
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above par