grammar “on par with” vs “on a par with” English Language & Usage Stack Exchange

The reason for a bond being issued at a price that is different than its par value has to do with current market interest rates. For example, if a bond’s yield is higher than market rates, then a bond will trade at a premium. Conversely, if a bond’s yield is below market rates, then it will trade at a discount to make it more attractive. Due to the constant fluctuations of interest rates, bonds and other financial instruments almost never trade exactly at par.

1. Like for example, we’re on vacation, it’s been raining every day, and you say Rachel what’s the weather forecast for today?
2. A bond’s yield is calculated as coupon rate / current bond price.
3. Because of this you will sometimes find “on par with” used figuratively for other contexts even outside of headline style and golf.
4. No-par stocks have “no par value” printed on their certificates.
5. Find out the true meaning of per se and how you can avoid this easy mistake.
6. The coupon rate of a bond is the stated amount of interest that the bond will pay an investor at the time of its issue.
7. Mental and emotional health is on a par with physical health and financial security when it comes to negative impacts on overall well-being, researchers say.

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Try Readable for 7 days entirely free, or cancel any time if you don’t love it. Above the par doesn’t mean really good; it could mean “above the average”. Thus, when someone describes something (such as a hotel room or meal) as above par, they usually mean “more than what was strictly required, but not necessarily outstanding”.

In golf a hole’s par is the number of strokes considered average or standard to complete it, and being under par means using fewer strokes than average – which happens to be a good thing, because of how the game works. In accounting, the par value allows the company to put a de minimis value for the stock on the company’s financial statement. Par value is also used to calculate legal capital or share capital. Par can also refer to a bond’s original issue value or its value upon redemption at maturity. In this American English Pronunciation video, we’re going to go over a few idioms relating to golf.

Par value for common stock exists in an anachronistic form. In its charter, the company promises not to sell its stock at lower than par value. The shares are then issued with a par value of one penny. This has no effect on the stock’s actual value in the markets.

The par value of stock has no relation to market value and, as a concept, is somewhat archaic.