parity

View more Business & Finance videos

Business and Economics

Physics

For more information on parity, visit Britannica.com.

1. In foreign exchange trading, absence of a counterproposal to a bid or offer of another party. The term implies that both traders are dealing at exactly the same prices. Thus, they are at par or at parity.

2. Purchasing Power Parity.

3. In financial swaps, the absence of any price difference between two maturity dates of a swap agreement.

noun

The state of being equivalent: equality, equation, equivalence, equivalency, par, sameness. See same/different/compare.

Definition: equality, balance
Antonyms: dissimilitude, imbalance, inequality

Equality in amount or value. Equivalence of prices of farm products to the prices existing at some former date (the base period) or to the general cost of living; equivalence of prices of goods or services in two different markets. The relationship between two currencies such that they are exchangeable for each other at the par or official rate of exchange.

1. In general, a situation of equality. Parity can occur in many different contexts, but it always means that two things are equal.

2. The official value.

3. In an exchange market, when all brokers bidding for the same security have equal standing due to identical bids.

Investopedia Says:
1. For example, in the foreign-exchange market, currencies are at parity when their exchange rate is exactly 1 to 1.

2. In other words, the par value.

3. When parity occurs, the market must determine which bidding broker will obtain the security by alternative means. Therefore, the winning bid is typically awarded by random draw.

Related Links:
Look at trades that are profitable when the value of corresponding puts and calls diverge. Put-Call Parity and Arbitrage Opportunity
Will a rising or falling dollar hurt you or your company? The Impact Of Currency Conversions
In this online tutorial, beginners and experts alike can learn the ins and outs of the retail forex market. Forex Tutorial: The Forex Market

The use of a set of items, either even or odd in number, as a means for checking computer errors, such as in the transmission of information between various elements of the same computer.

• Principles of Mechanics, Waves, and Measurement - parity: symmetry property that expresses difference between wave function and its negative mirror image, expressed as +1 or -1
• General Technology - parity: error-detecting technique using eighth bit; odd parity or even parity

Look up parity in Wiktionary, the free dictionary.

Parity may refer to:

• Parity (physics), a symmetry property of physical quantities or processes under spatial inversion
• Parity (mathematics), indicates whether a number is even or odd
  • Parity function, a Boolean function whose value is 1 if the input vector has an odd number of ones
  • Parity flag in computing, indicates if the number of set bits is odd or even in the binary representation of the result of the last operation
  • Parity bit in computing, sets the parity of transmitted data for the purpose of error detection
  • Parity file in data processing, created in conjunction with data files and used to check data integrity and assist in data recovery
• Parity (biology), the number of times a woman or female animal has given birth
• Parity (charity), UK equal rights organisation
• Parity (computer science)
• Parity (law), legal principle
• Purchasing power parity, in economics, the exchange rate required to equalise the purchasing power of different currencies
• 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
• Put–call parity, in financial mathematics, defines a relationship between the price of a European call option and a European put option
• Parity (sports), an equal playing field for all participants, regardless of their economic circumstances
• Potty parity, equalization of waiting times for males and females in restroom queues
• A tactic in reversi
• Grid parity of renewable energy

This disambiguation page lists articles associated with the same title. If an internal link led you here, you may wish to change the link to point directly to the intended article.

This entry is from Wikipedia, the leading user-contributed encyclopedia. It may not have been reviewed by professional editors (see full disclaimer)

Dansk (Danish)
1.
n. - paritet, ligestilling

2.
n. - det at have født, antallet af børn født af en kvinde

Nederlands (Dutch)
pariteit, gelijkwaardigheid, overeenkomst

Français (French)
1.
n. - parité

2.
n. - accouchée, progéniture

Deutsch (German)
1.
n. - Gleichheit

2.
n. - GebÄr-

Ελληνική (Greek)
n. - ισότητα, ισοτιμία

Italiano (Italian)
parità

Português (Portuguese)
n. - paridade (f), igualdade (f)

Русский (Russian)
равенство, паритет

Español (Spanish)
1.
n. - paridad, igualdad

2.
n. - parturienta, parición

Svenska (Swedish)
n. - paritet, (jäm)likhet

中文（简体）(Chinese (Simplified))
1. 同等, 相同, 类似, 势均力敌

2. 同等, 相同, 类似, 势均力敌

中文（繁體）(Chinese (Traditional))
1.
n. - 同等, 相同, 類似, 勢均力敵

2.
n. - 同等, 相同, 類似, 勢均力敵

한국어 (Korean)
1.
n. - 동등, 대응, 평가

2.
n. - 출산 경력, 출산아 수

日本語 (Japanese)
n. - 等価, 同等, 平価, パリティー, 偶奇性, 奇偶性, 出産経歴

العربيه (Arabic)
‏(الاسم) تساو, تكافؤ, تماثل, تشابه في القيمه : تعادل في القوة الشرائيه, بنسبه ثابته تحدد بقانون‏

עברית (Hebrew)
n. - ‮הקבלה, שוויון, רמה שווה, מעמד שווה, עובדת היותו של מספר זוגי או פרטי‬
n. - ‮עובדת היותה של אישה אם לילדים, מספר הילדים שנולדו לאישה‬

If you are unable to view some languages clearly, click here.