For years, the defendant committed a variety of tax crimes related to his fraudulent proceeds, including conspiring to defraud the IRS and filing false tax returns, as well as employment tax fraud. The total federal tax loss stemming from LaForte’s crimes exceeds $8 million. He also caused $1.6 million in state tax loss to the Pennsylvania Department of Revenue by falsely reporting that he and his wife were residents of Florida from 2013 through 2019, when in fact they resided in Pennsylvania. While “on a par” zeroes in on equality, its linguistic kinfolk add a delicate twist.

On the Same Level: Exploring Equality in Usage

If, when a company issues a new bond, it receives the face value of the security, the bond is said to have been issued at par. If the issuer receives less than the face value for the security, it is issued at a discount. If the issuer receives more than the face value for the security, it is issued at a premium.

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Each idiom adds a splash of color to your conversations, letting you paint with a broader palate of expression. As you dive into different languages, you’ll uncover the rich tapestry of idioms akin to “on a par.” From “au même niveau” understanding the order to cash cycle in French to “auf Augenhöhe” in German, each expression captures the essence of equivalence and balance across borders. Understanding these parallels not only enriches your linguistic skillset but also opens up a world where the concept of equality is universally understood yet uniquely expressed. “Being on par” effortlessly finds its way onto the sports field, where it imparts a sense of balanced competition.

Over time, the bond’s price will change, due to changes in interest rates, credit ratings, and time to maturity. When this happens, a bond’s price will either be above its par value (above par) or below its par value (below par). Punctuation and syntax are your allies in ensuring “on a par” integrates smoothly into your writing.

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The market price of a bond is rarely at par due to constant market fluctuations. Yes, “on a par” can be used in formal academic writing when comparing two items of equal value or performance but should be employed for clarity and precision. The pronunciation of the phrase is straightforward, aligning closely with its common usage in both conversational and formal English.

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• Bond investors typically calculate a few different rates of returns to compare individual bonds.
• Yes, “on a par” can be used in formal academic writing when comparing two items of equal value or performance but should be employed for clarity and precision.
• In films and TV shows, a character might remark on another’s skills being on a par with a legend, neatly weaving the fabric of the story with threads of comparison and respect.
• They both relate to quality but imply different levels of comparison.
• However, because equity instruments have different payment structures, the par value of stocks doesn’t refer to the face value and instead refers to the price floor of how low a company can sell its stock.
• The amount of money paid to bondholders at maturity is the bond’s par value.

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• Most competitors attempt to hit their drives as close to the green as possible, with drives generally ending up in the hollow below the left side of the green where they trust their short games to get up and down for birdies.
• If you are writing for someone in the States, « on par with » is the best choice.
• Literature and media often employ “on a par” as a narrative device, illuminating characters or situations with balance and relatability.
• The agency has 20 field offices located across the U.S. and 14 attaché posts abroad.
• YTM is most common, it accounts for the market value of the bond and the present value of the bond’s future interest payments.
• But it looks like it is used more across the pond in the beautiful British Isles.
• The total federal tax loss stemming from LaForte’s crimes exceeds $8 million.

If you had any trouble, I would love a chance to help you troubleshoot before you rate. Using a pizza peel or upside-down sheet pan, transfer the pizza (with parchment) onto the hot stone/steel or onto a hot baking sheet. As is the case everywhere at Augusta National, the day’s flag placement dictated strategy. LaForte rewarded the loyalty of co-conspirators, including James LaForte and Cole Barleta, by making each of them multimillionaires. Another Par Funding collector admitted to extorting multiple customers at Joseph LaForte’s direction, including through threats of physical average total assets harm to the customers or their families if the debt was not paid back.

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As detailed in court filings, the defendant served as the undisputed leader of a years-long criminal enterprise consisting of his codefendants and others. The principal purpose of this enterprise was to generate money for its leadership and members, primarily by defrauding the investors in Par Funding, which the enterprise controlled until it was placed in receivership. James LaForte pleaded guilty in September 2024 to racketeering conspiracy, securities fraud, and extortionate collection of debt, as well as obstruction of justice, for his assault on the receivership attorney, and retaliation, for threatening several government witnesses. To polish your linguistic prowess further, gather a trove of similar idioms to “on a par.” Expressions like “cut from the same cloth” or “two peas in a pod” evoke a sense of similarity, though not always in the context of equality. “Birds of a feather,” too, might suggest a kindred spirit without exact parity.

In the world bond market vs stock market: key differences of business and finance, being “at par” takes on an air of calculation and exactitude, often denoting a state where securities, like stocks or bonds, are neither undervalued nor overpriced but match their original issue price or face value. This parlance plays a key role for investors and companies alike, providing a benchmark for gauging financial health and making strategic decisions. So, when a bond is issued at par, it’s financial speak for saying investors are paying a price equivalent to its nominal value.

Sports: Adapting the Expression for Competitive Balance

The phrase “on a par” is widely recognized as an expression of equality or equivalence, often used to compare two entities, ideas, or standards. According to resources like the Merriam-Webster dictionary, “on a par” signifies being equal in status, quality, or value. For instance, one might say that the healthcare system in England is “on a par” with that of other leading nations, emphasizing similarity in quality or effectiveness. This expression is versatile and can be applied in various contexts, from financial performance to cultural achievements.

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In fact, most stock investors won’t even be aware of a stock’s par value as it has no impact on the stock’s market value. Interest rates and coupon rates determine whether a bond is trading above, at, or below par. The coupon rate of a bond is the amount of money bondholders will earn as compensation through interest payments. In the case of equities, the par value has very little relation to the shares’ market price. Instead, it refers to the original share price, or the stock value declared in the corporate charter. Par value is important for fixed income instruments because it is used to determine the dollar amount of coupon payments.

A frequent blunder with “on a par” is using it when a hierarchy is implied. For instance, saying one athlete is “on a par above the rest” muddles the meaning. It’s like putting someone on an equal pedestal but somehow still higher—it doesn’t quite add up. Clarity is king, and precision is its crown; remember, “on a par” signifies equality, not superiority. Steering clear of mixing metaphors ensures your message isn’t lost in translation. Debt instruments are issued in denominations of $100, $1,000, or $5,000, which is considered their par value.

The PGA of America is made up of more than 30,000 PGA of America Golf Professionals who love the game, are expert coaches, operators and business leaders, and work daily to drive interest, participation and inclusion in the sport. We’re doing our best to make sure our content is useful, accurate and safe.If by any chance you spot an inappropriate comment while navigating through our website please use this form to let us know, and we’ll take care of it shortly. Literature and media often employ “on a par” as a narrative device, illuminating characters or situations with balance and relatability. Authors use it to draw parallels between protagonists and everyday heroes or to set the stage for equitable rivalries. In films and TV shows, a character might remark on another’s skills being on a par with a legend, neatly weaving the fabric of the story with threads of comparison and respect.

The agency has 20 field offices located across the U.S. and 14 attaché posts abroad. In September 2024, Joseph LaForte pleaded guilty to the RICO charge, securities fraud, tax crimes, and perjury. While par value is most commonly used to discuss bonds, many stocks also have par value. However, because equity instruments have different payment structures, the par value of stocks doesn’t refer to the face value and instead refers to the price floor of how low a company can sell its stock.

From speedy dinners to tasty desserts, with easy step-by-step instructions. I am here to help teach you how to make mouthwatering recipes without spending hours in the kitchen. Before you begin, let refrigerated dough sit at room temp for 60 minutes before shaping.