Longman Dictionary of Contemporary English homepage

Topic: CURRENCIES

Date: 1500-1600
Language: Latin
Origin: paritas, from par; PAR

parity

 noun
     
par‧i‧ty [uncountable]
1 the state of being equal, especially having equal pay, rights, or power [= equality]
parity with
Women workers are demanding parity with their male colleagues.
2 technicalPEC equality between the units of money from two different countries
Definition of parity from the Longman Dictionary of Contemporary English within
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