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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 ] us / ˈpær·ɪ·t̬i / Add to word list. 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.

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

  4. 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. congruent. ditto. equivalence. equivalency. equivalent of something. equivalent to something.

  5. 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.

  6. 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.

  7. 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. Go, evenly matched team, go!

  8. a relationship between two integers. If both are odd or both even, they have the same parity; if one is odd and one even, they have different parity

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

  10. 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, as in the weaponry or military strength of adversaries: "A problem...

  11. parity meaning, definition, what is parity: the state of being equal, especially hav...: Learn more.