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

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.

Definition of parity noun from the Oxford Advanced Learner's Dictionary. [uncountable] (formal) the state of being equal, especially the state of having equal pay or status. In many professions women have …

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.

Dec 25, 2025 · Noun parity (countable and uncountable, plural parities) (uncountable) Equality; comparability of strength or intensity.

There are 15 meanings listed in OED's entry for the noun parity, one of which is labelled obsolete. See ‘Meaning & use’ for definitions, usage, and quotation evidence.

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

It refers to a situation where there is a balance or fairness in the distribution of resources, opportunities, or power. Parity may be achieved through various means, such as through equal pay, equal …

PARITY definition: the condition or fact of having borne offspring. See examples of parity used in a sentence.