Par definition. On par 2019-10-06

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Par (score)

par definition

The golfer has taken as many strokes as the hole's par number. The of a bond as compared to the interest rates in the economy determines whether a bond will trade at par, below par, or above its par value. Regardless of whether a bond is issued at a discount or premium, the issuer will repay the par value of the bond to the investor at the maturity date. When the values are equal, the share is said to be at par; if it can be sold for more than its face value, it is above par; if it is sold for less than its nominal value, it is below par. Some golf courses feature par-sixes and, very rarely, par-sevens, but the latter are not recognised by the. Approximately equal in some characteristic to someone or something else. The par value of a company's stock can be found in the Shareholders' Equity section of the.

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Par

par definition

An eagle usually occurs when a golfer hits the ball far enough to reach the green with fewer strokes than expected. As golf became more standardised in the United States, par scores were tightened and recreational golfers found themselves scoring over par, with bogey changing meaning to one-over-par. More than one shot over par is known as a double-bogey +2 , triple-bogey +3 , and so on. As of October 2008, a condor had been recorded only four times, once reportedly on a straight drive a record 517 yards or 473 metres, aided by the thin air at high altitude in and never during a professional tournament. When interest rates are high, a larger proportion of bonds will trade at a discount.

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On par

par definition

The term par refers to an equality that exists between the nominal or face value of a document—such as a bill of exchange or a share of stock—and its actual selling value. During the 2009 , scored nine consecutive birdies at the second round, breaking the record. In short order, the entire membership of the club began using the term. The coupon rate is the interest payments that are made to bondholders, annually or semi-annually, as compensation for loaning the issuer a given amount of money. Holes-in-one on par-four holes generally short ones are also albatrosses. For a casual player from the middle tees, a par-three hole will be 100—250 yards 90—230 m from the tee to the pin.

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On par

par definition

For example, the par value for shares of Apple, Inc. Courses with par above 73 are rare. Shares cannot be sold below this value upon - this way, investors are confident that no one is receiving a favorable price treatment. Par derives its name from the Latin for equal. Scoring four bogey-free rounds in a tournament is extremely rare. It vaulted him into a tie for first place and forced a playoff, which he won the next day.

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PAR

par definition

To comply with state regulations, most companies set a par value for their stocks to a minimal amount. The price of a lower-coupon bond therefore must decline to offer the same 5% yield to investors. It most commonly happens on par-fives but can occur on short par-fours. Some states require that companies cannot sell shares below the par value of these shares. Other relevant factors in setting the par for the hole include the terrain and obstacles such as trees, water hazards, hills, or buildings that may require a golfer to take more or fewer shots.

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PAR

par definition

If a 4% coupon bond is issued when interest rates are 4%, the bond will trade at its par value since both interest and coupon rates are the same. This is about on par with what I expected from their legal team. Par value is the face value of a bond. This is the lowest individual hole score ever made, relative to par. Bogeys are relatively common, even in professional play, and very common for many casual and club players.

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On par

par definition

A sign at in , , indicating that the seventh hole being played is a par-four In , par is the predetermined number of strokes that a scratch or 0 golfer should require to complete a hole, a round the sum of the pars of the played holes , or a tournament the sum of the pars of each round. Almost invariably, holes are assigned par values between three and five strokes, which includes the and two. One was even recorded with a 3-iron! Between 1970 and 2003, 84 such shots an average of fewer than three per year were recorded on the. Championship course par can be as high as 73 to as low as 69. Pars are the central component of , the most common kind of play in professional golf tournaments. According to a 2004 article in Golf World magazine, Lynch aimed straight toward the green on a horseshoe par-5, clearing a 20-foot-high hedge, then hitting a downslope on the other side.

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On par

par definition

According to The Guinness Book of World Records, the Satsuki golf course in Sano, Japan, boasts the longest hole in the world—an exhausting 964-yard, par-7 humdinger. They could also be issued or depending on the level of interest rates in the economy. However, if interest rates rise to 5%, the value of the bond will drop, causing it to trade below its par value. On the other hand, if interest rates in the economy falls to 3%, the value of the bond will rise and trade above par since the 4% coupon rate is more attractive than 3%. Recent well-publicised albatrosses include those by at the , only the third in that competition's history, while defending his title in 2009, in the final round of the , on the final day of the , only the second ever in that competition, in the , on the final day of the , the fourth in that competition's history and the first to be televised and the first on Augusta's par-five-second hole, at the , and at the.

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