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  1. Dictionary
    Par·i·ty
    /ˈperədē/

    noun

    • 1. the state or condition of being equal, especially regarding 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.
  2. The meaning of PARITY is the quality or state of being equal or equivalent. How to use parity in a sentence. Did you know?

  3. the state of being equal, especially in relation to pay and position: parity with sb In spite of many advances, women are far from achieving parity with men in many areas of employment. The union is campaigning to win the nurses pay parity with the drivers.

  4. 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.

  5. Parity is an equal amount of something, or an equal rank or skill level between people or teams. During the Cold War, the word parity was used to describe the equal amount of resources the US and the USSR had.

  6. equality, as in amount, status, or character. equivalence; correspondence; similarity; analogy: She and her brother always seemed like day and night to me, but I'm starting to see a real parity of nature between them. Finance. equivalence in value in the currency of another country.

  7. 1. Equality, as in amount, status, or value. 2. Functional equivalence, as in the weaponry or military strength of adversaries: "A problem that has troubled the U.S.-Soviet relationship from the beginning has been the issue of parity"(Charles William Maynes). 3.

  8. 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.

  9. equality, usually relating to the money people earn or their position: The union has also asked for wage parity with similar public-sector workers. Opposite. disparity. (Definition of parity from the Cambridge Learner's Dictionary © Cambridge University Press)

  10. The state or condition of being the same in power, value, rank, etc.; equality. Functional equivalence, as in the weaponry or military strength of adversaries. Resemblance; similarity. Equivalence in value of one currency expressed in terms of another country's currency.

  11. 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.

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