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Nonpar vs Nonpark - What's the difference?

nonpar | nonpark |

As adjectives the difference between nonpar and nonpark

is that nonpar is (finance) nonparticipating while nonpark is not of or pertaining to a park.

nonpar

English

Adjective

(-)
  • (finance) nonparticipating
  • * 1972 , Kiplinger's Personal Finance (volume 26, number 5, May 1972, page 36)
    • With a nonpar policy, the company fixes a premium rate it figures will be high enough to finance all the policy's guarantees and low enough to be competitive. And then it must stick with that rate.

    nonpark

    English

    Adjective

    (-)
  • Not of or pertaining to a park.