This is the 14517th most frequent Turkish word.
param
"My money."
Here, 'param' means 'my money' and is the first-person possessive form of 'para' to indicate ownership.
Param kayboldu.
My money is lost.
In this sentence, 'param' denotes possession, where the speaker expresses a lack of money.
Param yok, alışveriş yapamam.
I don't have money, so I cannot shop.
The use of 'param' here illustrates attention to the speaker's own finances, again in a possessive sense.