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BNC: 10431 COCA: 12077

parity

Related topics: Currencies
par·i·ty /ˈpærəti/ noun [uncountableU]  
1 EQUALthe state of being equal, especially having equal pay, rights, or power 〔尤指薪金、权利或权力的〕相同,相等,同等 SYN equality
parity with
 Women workers are demanding parity with their male colleagues.
女职工在要求与男同事享有同等的待遇。
2. technicalPEC equality between the units of money from two different countries 〔两个不同国家的货币单位的〕平价,等价
Examples from the Corpus
From Longman Business Dictionary
paritypar·i·ty /ˈpærəti/ noun (plural parities)
1[uncountableU] the state of being the same as or equal to something else
parity with
The country is hoping to move toward economic parity with (=having the same wealth as) the rest of Europe.
The price cuts bring the company’s prices into parity with those charged by AT&T.
product parity
2[uncountableU]COMPUTING a system for finding mistakes when information is sent from one computer or another
Parity is used in many hardware applications where detecting an error is helpful.
3[uncountableU]FINANCE when one unit of a currency or COMMODITY (=oil, metal, farm product etc) is worth the same as one unit of another
Platinum prices could decline further, perhaps reaching parity with gold.
swap parity
4[countableC]ECONOMICS a figure representing what a particular currency is worth in another currency at a particular time
One of the parities they will be checking is the dollar/yen rate.
fixed parity purchasing power parity
Origin parity
(1500-1600) Latin paritas, from par; → PAR
par·i·ty noun
Chinese
Syllable
Corpus

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