the amount of a foreign currency equivalent at the established exchange rate to a specific sum of domestic currency
b.
a similar equivalence between different forms of the same national currency, esp the gold equivalent of a unit of gold-standard currency
4.
equality between prices of commodities or securities in two separate markets
5. physics
a.
a property of a physical system characterized by the behaviour of the sign of its wave function when all spatial coordinates are reversed in direction. The wave function either remains unchanged (even parity) or changes in sign (odd parity)
b.
a quantum number describing this property, equal to +1 for even parity systems and –1 for odd parity systems
Symbol: P. See also conservation of parity
6. mathematics
a relationship between two integers. If both are odd or both even they have the same parity; if one is odd and one eventhey have different parity
7.
(in the US) a system of government support for farm products
Word origin
C16: from Late Latin pāritās; see par
Examples of 'parities' in a sentence
parities
Now, there are parities for a different reason.
Times, Sunday Times (2010)
Even if all the top currencies floated freely, trade would play only a minor role in determining parities.