Translation of par in Spanish:

par

tipo de cambio, n.

Pronunciation /pɑː//pɑr/

noun

  • 1

    • 1.1also par of exchangeFinance

      tipo de cambio masculine

    • 1.2also par valueFinance

      valor nominal masculine
      at par (value) a la par
      • above/below par (value) por encima/por debajo de la par
      • The successful issuers of currency would be the organizations with reputations strong enough to maintain the market values of their securities at exact par.
      • Each right allows subscribing a share with a par and issue value of one lev.
      • Biddle actively pursued a policy of pressing state banks to redeem their outstanding banknotes at promised par or face value in specie.
      • It will offer for subscription 2 100 006 shares with a par and issue value of 10 leva each.
      • The exchange said IFCI would place the shares with IDBI at par and subject to central bank approvals.

  • 2

    (in golf)
    par masculine
    three under/over par tres bajo/sobre par
    • The third hole is a par 3, and, like clockwork, there's always a backup on that tee.
    • They were 14 under par for four balls, but only level par for 36 holes of foursomes compared to England's 16 under.