Entity: PAR
PAR is a term that can refer to the condition of equality between the market value and face value of a financial instrument, or slang used to describe being insulted or ignored. It may also relate to the established value of one country's currency in terms of another country's currency.
PAR
Etymology
The British slang term 'par' is believed to originate from the word 'parry', meaning to insult or ignore someone.
Definition
PAR can refer to the condition of equality between the current market value and face value of a financial instrument. It can also be used as slang to describe being insulted or ignored.
Historical Context
PAR has historical significance in financial markets where it indicates the equality between market and face value of securities.
Cultural Significance
In popular culture, PAR is used to describe being demoralized or insulted, as popularized by London rapper Tempa-T.
Related Concepts
PAR can be related to the concept of currency valuation and financial equality.
See Also
A term that encompasses financial equality, slang for being insulted or ignored, and currency valuation.