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
2. variable noun
If there is parity between the units of currency of two countries, the exchange rate is such that theunits are equal to each other.
[technical]
The government was ready to let the pound sink to parity with the dollar if necessary. [+ with]
parity in British English1
(ˈpærɪtɪ)
nounWord forms: plural-ties
1.
equality of rank, pay, etc
2.
close or exact analogy or equivalence
3. finance
a.
the amount of a foreign currency equivalent at the established exchange rate to a specific sum of domestic currency
b.
a similar equivalence between different forms of the same national currency, esp the gold equivalent of a unit of gold-standard currency
4.
equality between prices of commodities or securities in two separate markets
5. physics
a.
a property of a physical system characterized by the behaviour of the sign of its wave function when all spatial coordinates are reversed in direction. The wave function either remains unchanged (even parity) or changes in sign (odd parity)
b.
a quantum number describing this property, equal to +1 for even parity systems and –1 for odd parity systems
Symbol: P. See also conservation of parity
6. mathematics
a relationship between two integers. If both are odd or both even they have the same parity; if one is odd and one eventhey have different parity
7.
(in the US) a system of government support for farm products
Word origin
C16: from Late Latin pāritās; see par
parity in British English2
(ˈpærɪtɪ)
noun
1.
the condition or fact of having given birth
2.
the number of children to which a woman has given birth
Word origin
C19: from Latin parere to bear
parity in American English1
(ˈpærəti)
nounWord forms: pluralˈparities
1.
the state or condition of being the same in power, value, rank, etc.; equality
2.
resemblance; similarity
3.
equivalence in value of one currency expressed in terms of another country's currency
4.
equality of value at a given ratio between different kinds of money, commodities, etc.
5. US
a price for certain farm products, usually maintained by government price supports, designed to keep the purchasing power of the farmer at the level of a designated base period
6. Ancient Mathematics
the condition existing between two integers that are both odd or both even
7. Physics
a symmetry property of a wave function: expressed as +1 if no difference can be detected between the wave function and its mirror image, and as -1 if the wave function is changed only in sign
Word origin
Fr parité < L paritas < par, equal: see par1
parity in American English2
(ˈpærəti)
noun
Medicine
the state or fact of having born offspring
Word origin
< L parere, to bear (see -parous) + -ity
Examples of 'parity' in a sentence
parity
The country has been very focused on cancer but we need parity of support.
Times, Sunday Times (2016)
A new tariff will be introduced in the next week that gives parity between pound and dollar prices for the first time.
Times, Sunday Times (2017)
The US dollar will reach parity with the euro.
Times, Sunday Times (2016)
The dollar rose to a 14-year high, almost reaching parity with the euro.
Times, Sunday Times (2016)
When people are talking about parity on the pound and dollar, it's going to go against us.
Times, Sunday Times (2016)
The world's biggest mining company is aiming to tackle the lack of women in the industry by aiming for gender parity in its workforce within a decade.
Times, Sunday Times (2016)
For fifty years prison officers had been pressing for parity of pay with the police.
Coyle, Andrew & Stern, Vivien The Prisons We Deserve (1994)
There are two ways in which taxes could conceivably affect the parity condition.
Maurice D. Levi International Finance: The markets and financial management of multinational business. (1983)
Just when will the pound hit parity with the euro?
Times, Sunday Times (2008)
This will mean wider bands around the interest parity line.
Maurice D. Levi International Finance: The markets and financial management of multinational business. (1983)
In this chapter we explain how these factors contribute to departures from interest parity.
Maurice D. Levi International Finance: The markets and financial management of multinational business. (1983)
We have focused on our male colleagues to engage around gender parity.
Times, Sunday Times (2016)
This is the interest parity condition.
Maurice D. Levi International Finance: The markets and financial management of multinational business. (1983)
Forest had the chance to restore parity with 15 minutes remaining.
Times, Sunday Times (2009)
We show a band around the interest parity line within which round-trip interest arbitrageis unprofitable.
Maurice D. Levi International Finance: The markets and financial management of multinational business. (1983)
Below the interest parity line, forces push us back up.
Maurice D. Levi International Finance: The markets and financial management of multinational business. (1983)
As sterling reaches parity with the euro, such calls are going to increase.
Times, Sunday Times (2008)
The increasingly generous measures introduced by the Government for working mothers may also be working against parity of pay.
Times, Sunday Times (2010)
The opportunity opened up after an overhaul of the Olympic programme designed to introduce gender parity to the sport.
Times, Sunday Times (2009)
With parity restored, Ireland set about the task of building on their impetus.
Times, Sunday Times (2013)
The weather is glorious, English is spoken and the currency has parity with the pound.
Times, Sunday Times (2016)
Those responsible for pay parity in men's and women's tennis have at least raised some cheer.
Times, Sunday Times (2009)
It does not, therefore, take us as close to the interest parity line as the arbitragewe considered.
Maurice D. Levi International Finance: The markets and financial management of multinational business. (1983)
This means that the interest parity condition is in general not affected, and we have no band around the parity line as a result of withholding taxes.
Maurice D. Levi International Finance: The markets and financial management of multinational business. (1983)
This intervention took the form of buying and selling the local currency for U. S. dollars at the upper and lower support points around official parity.
Maurice D. Levi International Finance: The markets and financial management of multinational business. (1983)
In other languages
parity
British English: parity NOUN
If there is parity between two things, they are equal.
...parity between new and old workers.
American English: parity
Brazilian Portuguese: paridade
Chinese: 平等
European Spanish: igualdad
French: parité
German: Gleichstellung
Italian: parità
Japanese: 同等
Korean: 동등
European Portuguese: paridade
Latin American Spanish: paridad
(noun)
Definition
close or exact equivalence
Women have yet to achieve wage parity with men in many fields.
Synonyms
equality
They advocate the unconditional equality of incomes.
correspondence
correspondences between Eastern religions and Christianity
consistency
There's always a lack of consistency in matters of foreign policy.
equivalence
the equivalence of science and rationalism
quits (informal)
par
unity
similarity
the astonishing similarity between my brother and my eldest son
likeness
These stories have a startling likeness to one another.
uniformity
Food dye is used to maintain the uniformity of colour in the cake.
equal terms
sameness
He grew bored by the sameness of the speeches.
parallelism
congruity
Additional synonyms
in the sense of consistency
Definition
being consistent
There's always a lack of consistency in matters of foreign policy.
Synonyms
agreement,
harmony,
correspondence,
accordance,
regularity,
coherence,
compatibility,
uniformity,
constancy,
steadiness,
steadfastness,
evenness,
congruity
in the sense of correspondence
Definition
relationship or similarity
correspondences between Eastern religions and Christianity
Synonyms
relation,
match,
agreement,
fitness,
comparison,
harmony,
coincidence,
similarity,
analogy,
correlation,
conformity,
comparability,
concurrence,
congruity
in the sense of equivalence
the equivalence of science and rationalism
Synonyms
equality,
correspondence,
agreement,
similarity,
identity,
parallel,
match,
parity,
conformity,
likeness,
sameness,
parallelism,
evenness,
synonymy,
alikeness,
interchangeableness
Nearby words of
parity
pariah
parings
parish
parity
park
park yourself
parlance
Synonyms of 'parity'
parity
Explore 'parity' in the dictionary
Additional synonyms
in the sense of likeness
Definition
resemblance
These stories have a startling likeness to one another.
Synonyms
resemblance,
similarity,
correspondence,
affinity,
similitude
in the sense of par
Synonyms
equivalence,
balance,
equality,
equilibrium,
parity,
equal footing
in the sense of sameness
He grew bored by the sameness of the speeches.
Synonyms
similarity,
resemblance,
uniformity,
likeness,
oneness,
standardization,
indistinguishability,
identicalness
in the sense of similarity
the astonishing similarity between my brother and my eldest son
Synonyms
resemblance,
likeness,
sameness,
agreement,
relation,
correspondence,
analogy,
affinity,
closeness,
kinship,
concordance,
congruence,
comparability,
point of comparison,
similitude,
indistinguishability
in the sense of uniformity
Food dye is used to maintain the uniformity of colour in the cake.