PARITY definition: equality, as in amount, status, or character. See examples of parity used in a sentence.

Parity is also the ability of farmers to buy things at the same level as during a past time set as a standard and maintained by government price support.

Interest rate parity, in finance, the notion that the differential in interest rates between two countries is equal to the differential between the forward exchange rate and the spot exchange rate

Definition of parity noun in Oxford Advanced American Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more.

a. The even or odd quality of the number of 1's or 0's in a binary code, often used to determine the integrity of data especially after transmission. b. A parity bit. [French parité, from Old French parite, …

If there is parity between the units of currency of two countries, the exchange rate is such that the units are equal to each other.

Parity definition: Equality, as in amount, status, or value.

The meaning of PARITY is the quality or state of being equal or equivalent. How to use parity in a sentence. Did you know?

Jan 17, 2026 · Noun parity (countable and uncountable, plural parities) (uncountable) Equality; comparability of strength or intensity.

(mathematics) a relation between a pair of integers: if both integers are odd or both are even they have the same parity; if one is odd and the other is even they have different parity