par

(redirected from PAR lamp)
Also found in: Dictionary, Thesaurus, Medical, Financial, Encyclopedia, Wikipedia.

Par

In Commercial Law, equal; equality.

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. 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.

par

n. 1) equal. 2) the face value of a stock or bond, printed on the certificate, which is the amount the original purchaser paid the issuing corporation. However, most common stocks are issued as "no-par value," and the value reflects the current market for the stock. Preferred stocks state a par value upon which the dividends are calculated, and the par value of bonds establishes the final pay-off amount upon maturity, usually many years in the future. (See: stock, common stock, preferred stock)

par

(Equality), noun aequalis, aequus, balance, equal footing, equal value, equal worth, equality, equalness, equipollence, equivalence, evenness, identicalness, interchangeableness, likeness, sameness, similarity
Associated concepts: above par value, at par value, par value of stock

par

(Face amount), noun amount, appraisal, evaluation, face value, market price, price, rate, valuation, value, value in exchange, worth
See also: worth

PAR, comm. law. Equal. It is used to denote a state of equality or equal value. Bills of exchange, stocks, and the like, are at par when they sell for their nominal value; above par, or below par, when they sell for more or less.

References in periodicals archive ?
The wet-location rated Uphoria 2 LED PAR lamps are designed to replicate the shape and light output of halogen PAR lamps, but offer serious energy-saving benefits.
Building upon its highly successful GENERATION 2 PAR line, GREEN CREATIVE has designed a new range of PAR lamps featuring the latest in LED technology.
LedEngin PAR lamps feature LedEngin proprietary LEDs and optical designs that deliver highest lux, superior light quality, color stability and longevity for measurable energy reduction and cost savings as compared with halogen lamps.
enLux R30 LED PAR lamp was the world's first LED drop-in replacement for incandescent and halogen flood lights in 2004 and was Popular Science([R]) magazine's 'Best Of What's New' Grand Award winner in the Home Tech Category for that year.
The enhanced, sleek, lighter weight SYLVANIA ULTRA Professional LED PAR Lamp Family that features a new lens design for improved field angle and beam characteristics that closely match halogen with high center beam candle power and soft edges;
LEDs housed in PAR lamp envelopes, and ganged in multiples, can be used to light gyms and auditoriums, with switching to provide various light levels, and they have the added advantage of being stick relamped.
Array is the one LED PAR lamp brand that we have selected as a result of our extensive qualification program, and we are confident that the promise of low maintenance, energy savings and overall quality will be met over the life of this installation.
LEDirect Lighting introduces its newest NaturaLED PAR lamp series that is a direct replacement for halogen PAR lamps.
is the largest application of GE's 7-watt LED PAR lamp in a restaurant setting.
We're all expecting an LED lamp on the market that will replace the popular screw-in PAR lamp and plug-in MR16 lamp with equal lumen output and comparable light distribution.
LED PAR lamps, integrated atop perimeter fencing and netting support poles, softly illuminate the tiger habitat from afar.