parity


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Parity

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.

parity

noun alikeness, analogy, approximation, close correspondence, coequality, comparability, comparison, correlation, correspondence, equability, equality, equation, equilibrium, equipoise, equivalence, equivalency, identical value, identicalness, likeness, parallelism, resemblance, sameness, semblance, similarity, state of being equal, symmetry, uniformity
Associated concepts: wage parity
See also: analogy, balance, correspondence, equipoise, identity, resemblance
References in periodicals archive ?
"It is really a game-changer, specifically, the insight that Parity Insight has now brought us with issue identification, as it uncovers the problems that may not have been brought to our attention in our manual process.
The press release indicates that during the municipal elections, the principle of parity was a key vector for the establishment of equality in municipal councils.
McAfee defines gender pay parity as fair and equal pay for employees in the same job, level and location, controlling for pay differentiators such as performance, tenure and experience, regardless of gender.
The parity bonds were all issued under a general bond resolution adopted on Nov.
Companies that have achieved pay parity agree that it's not a one-off event and must be evaluated annually and reviewed on an ongoing basis.
This is a violation of parity, because there are no such restrictions on coverage of chronic physical disorders.
The parity did not show any change on Wednesday when the rupee traded flatly against the euro at Rs136.00 and Rs138.00 for the second day in a row.
Parity constitutes about 20-percent of the entire Ethereum network.
This paper looks at the actual impact of negative interest rates, describes the methodology used to test parity, provides the results of our findings, and offers some opportunity for future research.
The study finds that state parity laws decrease the likelihood of providers engaging in public insurance markets.
Related: 5 new parity traps that could ruin your benefits clients
The agency has received only a dozen complaints of alleged mental health parity violations in the last year, and only one was confirmed.