nominal par see under par¹

nominal value same as nominal par (see under par¹).

par¹ /pär/

1. A state of equality
2. Equal value
3. A norm or standard
4. The state or value of bills, shares, etc, when they sell at exactly the price marked on them, ie without premium or discount
5. Equality of condition
6. The number of strokes that should be taken for a hole or a round by good play, two putts being allowed on each green (golf)
7. A score of this number of strokes (also intransitive verb and transitive verb)

par contest noun (bridge)

A competition in which points are awarded for the bidding of a prepared hand and for the playing of the hand in a directed contract

par value noun

Value at par

above par

At a premium, or at more than the nominal value

at par

At exactly the nominal value

below par

1. At a discount, or at less than the nominal value
2. Out of sorts, not particularly good in health, spirits, etc

nominal par

The value with which a bill or share is marked, or by which it is known

no par value

With no stated nominal value

on a par with

Equal to

par for the course

A normal, average result or (informal; figurative) occurrence, state of affairs, etc

par of exchange

The value of currency of one country expressed in that of another