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1. Dictionary

   parity

   /ˈparɪti/

   noun

   • 1. the state or condition of being equal, especially as regards status or pay: "parity of incomes between rural workers and those in industrial occupations"
   • ▪ equivalent value of one currency in terms of another at an established exchange rate: "the euro's parity with the dollar"
   • 2. (of a number) the fact of being even or odd.
   • ▪ the property of a spatial wave equation that either remains the same (even parity) or changes sign (odd parity) under a given transformation.
   • ▪ the value of a quantum number corresponding to parity.
   • ▪ a function whose being even (or odd) provides a check on a set of binary values.

   Word Origin late 16th century: from late Latin paritas, from par ‘equal’.

   Scrabble Points: 11

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2. People also ask

   What does parity mean?

   • Parity is also the ability of farmers to buy things at the same level as during a past time set as a standard and maintained by government price support. parity with sb In spite of many advances, women are far from achieving parity with men in many areas of employment. The union is campaigning to win the nurses pay parity with the drivers.

   PARITY | English meaning - Cambridge Dictionary

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   What does parity mean in sports?

   • Parity is an equal amount of something, or an equal rank or skill level between people or teams. During the Cold War, the word parity was used to describe the equal amount of resources the US and the USSR had. So now it also means an equal amount between enemies, which is probably why sportscasters love it.

   Parity - Definition, Meaning & Synonyms | Vocabulary.com

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   What is parity in physics?

   • … parity is the price calculated to give the farmer a fair return in relation to the things he must buy. New York Times : the property of oddness or evenness of a quantum mechanical function : the symmetry of behavior in an interaction of a physical entity (such as a subatomic particle) with that of its mirror image (see mirror image sense 1a)

   Parity Definition & Meaning - Merriam-Webster

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   What if there is parity between two things?

   • If there is parity between two things, they are equal. Women have yet to achieve wage or occupational parity in many fields. Italy wanted naval parity with France. If there is parity between the units of currency of two countries, the exchange rate is such that the units are equal to each other. Collins COBUILD Advanced Learner’s Dictionary.

   PARITY definition and meaning | Collins English Dictionary

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3. dictionary.cambridge.org › dictionary › englishPARITY | English meaning - Cambridge Dictionary

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   equality, esp. of pay or position: Washington, DC, hopes to achieve political parity with the states. US history. Parity is also the ability of farmers to buy things at the same level as during a past time set as a standard and maintained by government price support.

   • English (US)

     noun [ U ] us / ˈper.ə.t̬i / uk / ˈpær.ə.ti / Add to word...

   • Znaczenie Parity, Definicja W Cambridge English Dictionary

     PARITY definicja: 1. equality, especially of pay or...

   • Interest Parity

     interest parity definition: the theory that the possible...

4. www.merriam-webster.com › dictionary › parityParity Definition & Meaning - Merriam-Webster

   www.merriam-webster.com › dictionary › parity

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   Learn the various meanings and uses of the word parity, from equality to oddness to genetics. See synonyms, examples, word history, and related phrases of parity.

5. www.vocabulary.com › dictionary › parityParity - Definition, Meaning & Synonyms | Vocabulary.com

   www.vocabulary.com › dictionary › parity

   All things being equal, parity means, basically, equality. It’s used in finance, physics, math, and even sports. When people talk about parity in a football league, for example, they mean the teams are evenly matched.

6. dictionary.cambridge.org › english › parityPARITY | definition in the Cambridge English Dictionary

   dictionary.cambridge.org › english › parity

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   Parity means equality, especially of pay or position, or the value of one currency compared to another. Learn how to use parity in different contexts, such as economics, social responsibility and workplace, with examples and collocations.

7. www.collinsdictionary.com › dictionary › englishPARITY definition and meaning | Collins English Dictionary

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   Parity means equality, equivalence, or similarity between two things. It can also refer to the exchange rate, the wave function, or the number of bits in computing. Learn more about the word origin, synonyms, and usage of parity.

8. www.dictionary.com › browse › parityPARITY Definition & Meaning | Dictionary.com

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   noun. equality of rank, pay, etc. close or exact analogy or equivalence. finance. the amount of a foreign currency equivalent at the established exchange rate to a specific sum of domestic currency. a similar equivalence between different forms of the same national currency, esp the gold equivalent of a unit of gold-standard currency.

9. www.thefreedictionary.com › parityParity - definition of parity by The Free Dictionary

   www.thefreedictionary.com › parity

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   Parity can mean equality, equivalence, symmetry, or the number of children born by a woman. Learn the different meanings and uses of parity in various fields, such as physics, mathematics, finance, and agriculture.