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Parity

ˈparɪti

Parity definitions
noun
parity parities
  1. the state or condition of being equal, especially as regards status or pay

    "parity of incomes between rural workers and those in industrial occupations"

    • equivalent value of one currency in terms of another at an established exchange rate

      "the euro's parity with the dollar"

  2. (of a number) the fact of being even or odd
    • the property of a spatial wave equation that either remains the same (even parity) or changes sign (odd parity) under a given transformation
    • the value of a quantum number corresponding to parity
    • a function whose being even (or odd) provides a check on a set of binary values