the number of strokes a first-class player should normally require for a particular hole or course

Woosnam had advanced from his overnight position of three under par

the sixteenth is a par five

the face value of a share or other security, as distinct from its market value

the 9 per cent unsecured loan stock is redeemable at par

par value

play (a hole) in par

he calmly parred the 17th

a paragraph

fifteen pars on the front page