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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"
    • 2. (of a number) the fact of being even or odd.

    More definitions, origin and scrabble points

  2. noun [ U ] uk / ˈpær.ə.ti / us / ˈper.ə.t̬i / Add to word list. equality, especially of pay or position: Firefighters are demanding pay parity with police. SMART Vocabulary: related words and phrases. Similar and the same. adjacent. affinity. akin. alike. allied. ballpark. be no better than (a) something idiom. cognate. congruent. ditto.

  3. noun [ U ] us / ˈper.ə.t̬i / uk / ˈpær.ə.ti / Add to word list. equality, especially of pay or position: Firefighters are demanding pay parity with police. SMART Vocabulary: related words and phrases. Similar and the same. adjacent. affinity. akin. alike. allied. ballpark. be no better than (a) something idiom. cognate. congruent. ditto.

  4. 1. : the quality or state of being equal or equivalent. Women have fought for parity with men in the workplace. 2. a. : equivalence of a commodity price expressed in one currency to its price expressed in another. The two currencies are approaching parity for the first time in decades. b.

  5. 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. Definition of 'parity' parity. (pærɪti ) Word forms: parities. 1. uncountable noun. If there is parity between two things, they are equal. [formal] Women have yet to achieve wage or occupational parity in many fields. Italy wanted naval parity with France. Synonyms: equality, correspondence, consistency, equivalence More Synonyms of parity.

  7. parity. noun. /ˈpærəti/. /ˈpærəti/. (plural parities) [uncountable] (formal) the state of being equal, especially the state of having equal pay or status. In many professions women have yet to achieve anything like parity at the higher levels.

  8. PARITY definition: equality, usually relating to the money people earn or their position: . Learn more.

  9. 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.

  10. parity - (mathematics) a relation between a pair of integers: if both integers are odd or both are even they have the same parity; if one is odd and the other is even they have different parity; "parity is often used to check the integrity of transmitted data"

  11. Overall, the term 'parity' is used to describe a situation where there is a balance or fairness in the distribution of resources, opportunities, or power, and is often associated with the goal of achieving equality and fairness. Example sentences containing parity. 1. Achieving gender parity in leadership roles remains a challenge. 2.