parity Definition
- 1the state or condition of being equal, especially in terms of status or pay
- 2the value of a currency in relation to another currency or group of currencies
Using parity: Examples
Take a moment to familiarize yourself with how "parity" can be used in various situations through the following examples!
Example
The company is committed to achieving gender parity in its workforce.
Example
The parity between the two currencies has remained stable for the past year.
Example
The team's win-loss record is currently at parity with last season.
Example
The government is working to establish parity between urban and rural areas.
parity Synonyms and Antonyms
Synonyms for parity
Antonyms for parity
Phrases with parity
equal respect and recognition given to different professions, social groups, or cultures
Example
The school aims to promote parity of esteem between academic and vocational subjects.
a bit added to a group of bits to make the total number of 1s either odd or even, used in error detection and correction in digital communication
Example
The parity bit is used to ensure that data is transmitted accurately and without errors.
a price level set by the government to support farmers by ensuring they receive a fair price for their crops
Example
The government has announced a new parity price for wheat to help farmers cope with rising costs.
Origins of parity
from Latin 'paritas', meaning 'equality'
Summary: parity in Brief
The term 'parity' [ˈpærəti] refers to the state or condition of being equal, whether in terms of status, pay, or value. It can describe the relationship between currencies, as in 'The parity between the two currencies has remained stable for the past year,' or between different social groups, as in 'The school aims to promote parity of esteem between academic and vocational subjects.' Other phrases include 'parity bit,' used in digital communication, and 'parity price,' which sets a fair price for crops.
