Par \ ˈpär noun (also par value) (business) the original value of an investment
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 (such as a check or note): such as
(1): the monetary value assigned to each share of stock in the charter of a corporation
(2): the principal of a bond
c. : an accepted standard