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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

on par

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

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.

Alternatives:

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

at par

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

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.

Alternatives:

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

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