English

parity

gb/pˈɛɹəti/ us/pˈɛɹəti/
B2 English
Senses
0 senses
Noun formal B2 state
1

equality in status or value

a situation in which two people, groups, or things are equal or almost equal

Usage pattern: parity with [someone/something]; parity between [groups/things]; parity in [area]
Common mistake:
Do not use parity for any kind of similarity; it usually means equality or close equivalence.
Synonyms
equality (more general and more common in everyday English) | equivalence (emphasizes having the same value, effect, or meaning) | equal status (clearer when talking about social or professional position)
Antonyms
inequality (a lack of equal status, treatment, or opportunity) | disparity (a noticeable difference, especially an unfair one)
Collocations
achieve parity |reach parity |full parity |parity with |parity between |parity in representation |pay parity |gender parity |price parity |political parity
Themes
society |work |politics |rights
Examples
  • The new policy is meant to achieve parity between part-time and full-time employees.
  • Campaigners are pushing for parity in political representation.
  • Teachers want pay parity with other public-sector professionals.
Learner examples
  • The two groups have not reached parity yet.
  • The company wants parity in pay.
Noun business C1 state
2

equal financial or exchange value

a point where two currencies, prices, or financial values are equal

Usage pattern: [currency/asset] reaches/trades at parity with [currency/value]
Common mistake:
This financial use is mainly for comparing values, especially currencies or assets; it is not just a general word for price.
Synonyms
equivalence (general term for equal value) | equal value (plain-language alternative)
Antonyms
divergence (movement away from equal or comparable value) | discount (a value below the reference level in some financial contexts) | premium (a value above the reference level in some financial contexts)
Collocations
currency parity |exchange-rate parity |dollar parity |reach parity |at parity |above parity |below parity |parity with the dollar |purchasing power parity
Themes
finance |economics |business |markets
Examples
  • For the first time in years, the euro briefly reached parity with the dollar.
  • The Canadian dollar moved closer to parity with the U.S. dollar.
  • Analysts said the currency was unlikely to return to parity this year.
Learner examples
  • The two currencies are near parity.
  • One euro was almost at parity with one dollar.
Noun technical C1 property
3

odd-or-even property

whether a number or a count of bits is odd or even

Usage pattern: the parity of [a number/count/bits]; odd/even parity
Common mistake:
In this technical meaning, parity is about oddness or evenness, not social equality.
Synonyms
oddness or evenness (plain explanation rather than a technical term)
Antonyms
opposite parity (one value is odd and the other even, or the bit count does not match the expected parity)
Collocations
odd parity |even parity |same parity |opposite parity |parity bit |parity check |parity error |parity function |check parity
Themes
mathematics |computing |data |programming
Examples
  • Adding 1 changes the parity of any integer.
  • The memory system uses parity to detect some data errors.
  • In this protocol, even parity means the total number of 1 bits must be even.
Learner examples
  • Six and eight have the same parity because both are even.
  • Five and six have opposite parity.
Noun C1 state
4

competitive balance among teams

a situation where teams are close in ability and no team is much stronger than the others

Usage pattern: parity in [a league/sport]; parity among [teams/competitors]
Common mistake:
This use is common in sports commentary, especially in North American English.
Synonyms
competitive balance (the standard sports term and usually more transparent) | evenness (less formal and more general)
Antonyms
dominance (one team or competitor is clearly stronger than the others) | imbalance (competitors are not equal in strength or resources)
Collocations
league parity |competitive parity |greater parity |more parity |create parity |increase parity |lack of parity |parity among teams |salary-cap parity
Themes
sports |competition |games
Examples
  • The league has more parity this season, with no clear favorite.
  • Salary caps are designed to create parity among teams.
  • Fans like the parity because almost every game feels competitive.
Learner examples
  • There is a lot of parity in the league this year.
  • Parity makes the games more exciting.
Noun technical C2 quantity
5

number of childbirths

a medical term for how many times someone has given birth

Usage pattern: parity of [number]; high/low parity; gravidity and parity
Common mistake:
Do not confuse parity with gravidity: gravidity counts pregnancies, while parity counts births that reached a defined stage.
Synonyms
number of births (plain-language equivalent) | birth history (broader term that may include details beyond the number of births)
Antonyms
nulliparity (the state of never having given birth)
Collocations
gravidity and parity |maternal parity |high parity |low parity |parity status |parity data |parity history |parity of two
Themes
medicine |health |pregnancy |childbirth
Examples
  • The study adjusted the results for age, smoking, and parity.
  • Her medical record listed her gravidity and parity separately.
  • Higher parity was associated with a different risk profile in the analysis.
Learner examples
  • The form asks about pregnancy history and parity.
Grammar
Dictionary form
parity
IPA
GB/pˈɛɹəti/
US/pˈɛɹəti/
Syllables & stress
par - ity (2 syllables)
Stress on 1st syllable (par)
Word forms
Noun
  • Base: parity
  • Plural: parities, parity
Expressions

at parity

1
/ˈæt pˈɛɹəti/
fixed phrase business

at an equal value

at the same value or level as something else

Examples
  • The euro was briefly at parity with the dollar.
  • Analysts expect the two plans to be at parity in cost by next year.
  • The currency traded at parity with its U.S. counterpart for the first time in months.

gender parity

1
/d͡ʒˈɛndɚ pˈɛɹəti/
fixed phrase formal

equality between genders

a situation where people of different genders have equal chances, treatment, or representation

Examples
  • The company says it has reached gender parity in senior management.
  • The report tracks progress toward gender parity in education.
  • Several parties introduced quotas to improve gender parity in parliament.

mental health parity

1
/mˈɛntəl hˈɛlθ pˈɛɹəti/
fixed phrase legal

equal mental health coverage

a rule or principle that mental health care should be covered like physical health care

Examples
  • The new rules strengthen mental health parity for insurance plans.
  • Advocates say mental health parity is still not fully enforced.
  • The law requires mental health parity in many employer-sponsored health plans.

parity bit

1
/pˈɛɹəti bˈɪt/
fixed phrase technical

error-checking binary digit

an extra 0 or 1 added to computer data to help find errors

Examples
  • The system adds a parity bit to each byte before transmission.
  • If a parity bit does not match the data, the receiver can flag an error.
  • Older communication protocols often relied on a simple parity bit.

parity check

1
/pˈɛɹəti t͡ʃˈɛk/
fixed phrase technical

data error check

a computer check that uses odd or even bit counts to find some data errors

Examples
  • The device performs a parity check when it receives each block of data.
  • The file transfer failed after a parity check detected a corrupted byte.
  • Parity checks are simple, but they cannot catch every possible error.

pay parity

1
/pˈeɪ pˈɛɹəti/
fixed phrase business

equal pay for comparable work

equal pay for people who do the same or equally valuable work

Examples
  • Nurses campaigned for pay parity with other public-sector workers.
  • The new law aims to improve pay parity between men and women.
  • The company published salary data to show its progress on pay parity.

price parity

1
/pɹˈaɪs pˈɛɹəti/
fixed phrase business

same price across places

a situation where the same thing costs the same in different places or on different websites

Examples
  • Hotels often agree to maintain price parity across booking sites.
  • The retailer uses discounts carefully to avoid breaking price parity with its stores.
  • Customers complained that price parity did not apply in all regions.

purchasing power parity

1
/pˈɚt͡ʃəsɪŋ pˈaʊɚ pˈɛɹəti/
fixed phrase technical

currency comparison by buying power

a way to compare money in different countries by what it can actually buy

Examples
  • The report compares countries' incomes using purchasing power parity.
  • On a purchasing power parity basis, the economy looks larger than exchange rates alone suggest.
  • Researchers adjusted the figures for purchasing power parity before comparing living standards.

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