parity
parity¹
Definition
par·ity (par′ə tē)
noun pl. -·ties
- the state or condition of being the same in power, value, rank, etc.; equality
- resemblance; similarity
- equivalence in value of one currency expressed in terms of another country's currency
- equality of value at a given ratio between different kinds of money, commodities, etc.
- ☆ 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
- Math. the condition existing between two integers that are both odd or both even
- 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
Etymology: Fr parité < L paritas < par, equal: see par
parity²
Definition
par·ity (par′ə tē)
parity
Synonyms
parity Finance Definition
Equality.
The term is used in the foreign exchange market to talk about two currencies
parity with each other. For instance, as the exchange rate for the dollar and
euro both approach 1, they are said to be at parity.
parity
Telecom Definition
- The state or quality of equality, i.e., being the same, or identical.
- In the context of mathematics, the quality of being equally odd or equally even. If two numbers are both odd in value, or both are even in value, parity exists. If one number is odd and the other is even, no parity exists.
- In error control, the quality of being equally odd or equally even. If the dataset, as transmitted, has an odd (or even) number of 1 bits and the dataset, as received, has an odd (or even) number of 1 bits, parity exists. If the dataset, as transmitted, has an odd (or even) number of 1 bits and the dataset, as received, has an even (or odd) number of 1 bits, parity does not exist. See also error control, parity bit, and parity check.
parity
Usage Examples
Preposition: of
- esteem: A phrase which has recently come into common usage in Northern Ireland is " parity of esteem " .
- reasoning: The other response is to contest the claim that there is parity of reasoning in the two cases.
Converse of object
- restore: Jonny Liddell added the extras to restore parity once more.
- achieve: The target to achieve parity could not be achieved.
Adjective modifier
- statewide: Policy change statewide parity after a two-part model is the likely.
- subafter: Subafter parity ysupw analysis shows that such a company.
- eventual: Eventual parity dummy high levels of made a decision would come up.
- weak: Target group we accounts to help weak parity the medical expenses who.
- rough: In the 15th century, the Chinese and the Europeans were in rough overall parity.
Modifies a noun
- comprehensiveness: Between different parity comprehensiveness analysis of strong an increase in.
- supnonparity: Subbefore parity supnonparity the number of somewhat smaller in.
- zuvekas: Parity legislation zuvekas of primary health the premium that.
- legislation: For medicaid in parity legislation trend age are about.
- mandate: Think you'll find parity mandates on a disabled population.
- dummy: We repeat the of medicaid that eventual parity dummy however we are.
Noun used with modifier
- subafter: Of prwora on disorder subafter parity barrier to public.
- subbefore: Market quot says disorder subbefore parity of demand is what percentage.
- quot: From the us quot welfare reform parity states passed.
- purchasing: Column E = Projected Gross Domestic Product in millions of 1990 purchasing power parity US$ , for the year 2015.
- gender: Gender parity is greater than in Niger's public schools, where girls comprise less than 43 per cent of enrolments.
Browse dictionary entries near parity
- Parisian
- parishioner
- parish-pump
- parish
- Paris green
- Paris Club
- Paris
- paripinnate
- paring
- parimutuel
- parity bit
- parity check
- park
- Park Avenue
- Park Range
- parka
- parked
- Parker
- parkerhouse roll
- parking lot
