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on par vs at par

Both 'on par' and 'at par' are correct phrases, but they are used in different contexts. 'On par' is commonly used to indicate being equal or equivalent to something, while 'at par' is often used in financial contexts to mean at the nominal or face value of something.

Last updated: March 27, 2024 • 2147 views

The phrase 'on par' is correct and commonly used in English to indicate being equal or equivalent to something.

"on par"

Use 'on par' when you want to express that something is equal to or equivalent to something else.

Examples:

  • His performance was on par with the rest of the team.
  • The quality of the product is on par with industry standards.
  • The subcommittees and the special group on PAR shall meet whenever circumstances require, with the agreement of both Parties.
  • Each meeting of a subcommittee or the special group on PAR shall be held at a time and place agreed by both Parties.
  • If both Parties agree, the subcommittees and the special group on PAR may invite experts to their meetings to provide the specific information requested.
  • The special group on PAR shall discuss issues related to public administration reform and suggest possible steps to be taken.
  • Unless otherwise decided, the meetings of the subcommittees and of the special group on PAR shall not be public.
  • The Member States will be informed and invited to the meetings of the subcommittees and the special group on PAR.
  • All communications concerning the subcommittees shall be forwarded to the secretaries of the relevant subcommittee and of the special group on PAR.
  • A copy of the minutes shall be forwarded by the secretary of the subcommittee or the special group on PAR to the Secretary of the Committee.
  • The subcommittees and the special group on public administration reform (special group on PAR) shall be composed of representatives of the European Commission and representatives of the government of Serbia.
  • An official of the European Commission and an official of the government of Serbia shall act jointly as secretaries of each of the subcommittees and of the special group on PAR.
  • A copy of the minutes shall be forwarded by the secretary of the subcommittee or the special group on PAR to the Secretary of the Stabilisation and Association Committee.
  • It needs to perform on par or better than the best products on the market.
  • Do you think that both of you can be on par since you are both holding knives?

Alternatives:

  • equal to
  • equivalent to
  • comparable to
  • on the same level as
  • up to par with

The phrase 'at par' is correct and commonly used in financial contexts to mean at the nominal or face value of something.

"at par"

Use 'at par' when referring to the nominal or face value of something, especially in financial contexts.

Examples:

  • The bonds were trading at par.
  • The currency exchange rate is at par with the international standard.
  • The prewar high denomination banknotes of the Austro-Hungarian Bank were deposited at par to prevent inflation.
  • The kip was reintroduced in 1952, replacing the French Indochinese piastre at par.
  • It circulates at par with the franc.
  • Your vehicle can be as good as new with these auto parts that are at par with the original part's quality and performance.
  • It was subdivided into 100 sen and replaced the gulden at par.
  • It replaced the Qatar and Dubai riyal at par.
  • The peso was replaced in 1931 by the lempira at par.
  • It replaced the 1990 version of the Yugoslav dinar at par.
  • The peso was replaced in 1919 by the colón, at par.
  • The Thaler was replaced at par in 1857 by the Hannovarian Vereinsthaler.
  • Usually such bonds are issued at discount and redeemed at par.
  • Too many creditors were reimbursed at par on their maturing claims.
  • Continually, they are able to manufacture premium car parts that are at par with German products.
  • Now she's growing up, I want my relationship with her to remain at least at par.
  • The Guinean franc was reintroduced as Guinea's currency in 1985, at par with the syli.
  • In 1981, the franc was replaced at par by the vatu following independence as Vanuatu.
  • The rial replaced the kran at par in 1932, although it was divided into one hundred (new) dinars.
  • The currencies of the three countries were interchangeable at par value under the Interchangeability Agreement until 8 May 1973 when the Malaysian government decided to terminate it.
  • The metical (MZM) replaced the escudo at par on 16 June 1980.
  • In 1946, the North Vietnamese đồng was introduced, which replaced the piastre at par.

Alternatives:

  • at face value
  • at nominal value
  • at the same value as
  • at the standard value
  • at the original value

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