Parity Definition

părĭ-tē
parities
noun
parities
The state or condition of being the same in power, value, rank, etc.; equality.
Webster's New World
Functional equivalence, as in the weaponry or military strength of adversaries.
American Heritage
Resemblance; similarity.
Webster's New World
Equivalence in value of one currency expressed in terms of another country's currency.
Webster's New World
Equality of value at a given ratio between different kinds of money, commodities, etc.
Webster's New World
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Other Word Forms of Parity

Noun

Singular:
parity
Plural:
parities

Origin of Parity

  • French parité from Old French parite from Late Latin paritās from pār par- equal pair

    From American Heritage Dictionary of the English Language, 5th Edition

  • Latin parere to give birth, bring forth perə-1 in Indo-European roots –ity

    From American Heritage Dictionary of the English Language, 5th Edition

  • From French parité, from Latin paritas, from pār (“equal")

    From Wiktionary

  • From Latin paritas, from pariō (“give birth")

    From Wiktionary

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