parity

1 of 2

noun (1)

par·​i·​ty ˈper-ə-tē How to pronounce parity (audio)
ˈpa-rə-
plural parities
1
: the quality or state of being equal or equivalent
Women have fought for parity with men in the workplace.
2
a
: equivalence of a commodity price expressed in one currency to its price expressed in another
The two currencies are approaching parity for the first time in decades.
b
: equality of purchasing power established by law between different kinds of money at a given ratio
3
: an equivalence between farmers' current purchasing power and their purchasing power at a selected base period maintained by government support of agricultural commodity prices
parity is the price calculated to give the farmer a fair return in relation to the things he must buy.New York Times
4
a
: the property of an integer with respect to being odd or even
3 and 7 have the same parity
b(1)
: the state of being odd or even used as the basis of a method of detecting errors in binary-coded data (see binary entry 2 sense 5)
(2)
5
: the property of oddness or evenness of a quantum mechanical function
6
: the symmetry of behavior in an interaction of a physical entity (such as a subatomic particle) with that of its mirror image (see mirror image sense 1a)

parity

2 of 2

noun (2)

: the state or fact of having borne offspring
also : the number of children previously borne

Did you know?

Parity has special meanings in such fields as physics, math, medicine, genetics, and marketing. Back when the Soviet Union and the U.S. were opposing superpowers, there was often talk of parity in nuclear weapons between the two sides. We sometimes hear about parity between mental and physical health in insurance coverage, or parity in colleges' funding of men's and women's athletics. But parity may be most common in discussions of currencies. The exchange rate between two national currencies often changes every day, as each drifts higher or lower, and occasionally two similar currencies, such as the euro and the U.S. dollar, will achieve parity, but it rarely lasts long.

Examples of parity in a Sentence

Noun (1) rules requiring that there be parity in what schools spend on men's and women's sports
Recent Examples on the Web
These examples are automatically compiled from online sources to illustrate current usage. Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
Noun
Some of these differences have been revealed through research that features gender parity. Stacey Colino, TIME, 1 Nov. 2024 Eight reported gender parity this fall, including the business schools at Duke and Northwestern. Emily Peck, Axios, 31 Oct. 2024 The country ranks a startling 118th out of 146 nations in gender parity – dead last among advanced economies. Kimberly Wilson, Essence, 31 Oct. 2024 The median annual income for women is still yet to catch up to the average for men in 2019, suggesting more than a five-year lag in pay parity. Sheryl Estrada, Fortune, 25 Oct. 2024 See all Example Sentences for parity 

Word History

Etymology

Noun (1)

Latin paritas, from par equal

Noun (2)

-parous

First Known Use

Noun (1)

1572, in the meaning defined at sense 1

Noun (2)

1877, in the meaning defined above

Time Traveler
The first known use of parity was in 1572

Dictionary Entries Near parity

Cite this Entry

“Parity.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/parity. Accessed 16 Nov. 2024.

Kids Definition

parity

noun
par·​i·​ty
ˈpar-ət-ē
plural parities
: the quality or state of being equal or equivalent : equality

Medical Definition

parity

noun
par·​i·​ty ˈpar-ət-ē How to pronounce parity (audio)
plural parities
1
: the state or fact of having borne offspring
diagnosis of parity or nulliparity
2
: the number of times a female has given birth counting multiple births as one and usually including stillbirths
gravidity and parity were highly correlated
compare gravidity sense 2

More from Merriam-Webster on parity

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