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parMain Entry: 1par Pronunciation: \ˈpär\ Function: noun Etymology: Latin, one that is equal, from par equal Date: 1622 1 a : the established value of the monetary unit of one country expressed in terms of the monetary unit of another country using the same metal as the standard of value b : the face amount of an instrument of value (as a check or note): as (1) : the monetary value assigned to each share of stock in the charter of a corporation (2) : the principal of a bond — par adjective — par for the course : not unusual : normal
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