parity
equality in status or value
a situation in which two people, groups, or things are equal or almost equal
parity with [someone/something]; parity between [groups/things]; parity in [area]
- 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.
- The two groups have not reached parity yet.
- The company wants parity in pay.
equal financial or exchange value
a point where two currencies, prices, or financial values are equal
[currency/asset] reaches/trades at parity with [currency/value]
- 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.
- The two currencies are near parity.
- One euro was almost at parity with one dollar.
odd-or-even property
whether a number or a count of bits is odd or even
the parity of [a number/count/bits]; odd/even parity
- 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.
- Six and eight have the same parity because both are even.
- Five and six have opposite parity.
competitive balance among teams
a situation where teams are close in ability and no team is much stronger than the others
parity in [a league/sport]; parity among [teams/competitors]
- 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.
- There is a lot of parity in the league this year.
- Parity makes the games more exciting.
number of childbirths
a medical term for how many times someone has given birth
parity of [number]; high/low parity; gravidity and parity
- 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.
- The form asks about pregnancy history and parity.
- Base: parity
- Plural: parities, parity
at parity
1at an equal value
at the same value or level as something else
- 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
1equality between genders
a situation where people of different genders have equal chances, treatment, or representation
- 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
1equal mental health coverage
a rule or principle that mental health care should be covered like physical health care
- 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
1error-checking binary digit
an extra 0 or 1 added to computer data to help find errors
- 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
1data error check
a computer check that uses odd or even bit counts to find some data errors
- 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
1equal pay for comparable work
equal pay for people who do the same or equally valuable work
- 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
1same price across places
a situation where the same thing costs the same in different places or on different websites
- 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
1currency comparison by buying power
a way to compare money in different countries by what it can actually buy
- 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.