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   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

   • P

     3

   • A

     1

   • R

     1

   • I

     1

   • T

     1

   • Y

     4

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