The meaning of PARITY is the quality or state of being equal or equivalent. How to use parity in a sentence.

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.

Interest rate parity, in finance, the notion that the differential in interest rates between two countries is equal to the differential between the forward exchange rate and the spot exchange …

Define parity. parity synonyms, parity pronunciation, parity translation, English dictionary definition of parity. n. pl. par·i·ties 1. Equality, as in amount, status, or value. 2. Functional equivalence, …

Definition of parity noun from the Oxford Advanced Learner's Dictionary. [uncountable] (formal) the state of being equal, especially the state of having equal pay or status. In many …

There are 15 meanings listed in OED's entry for the noun parity, one of which is labelled obsolete. See ‘Meaning & use’ for definitions, usage, and quotation evidence.

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.

Nov 1, 2025 · Senses related to classification into two sets. (mathematics, countable) A set with the property of having all of its elements belonging to one of two disjoint subsets, especially a …

Parity definition: equality, as in amount, status, or character.. See examples of PARITY used in a sentence.

Parity definition: Equality, as in amount, status, or value.