Definition of Parity
Parity
par·i·ty
Definition/Meaning
(noun)
the state of being equal, especially in terms of status, wages or value;
e.g. We are not yet at the point where women have wage parity with men.
(noun)
the fact of an integer being either odd or even;
e.g. 3 and 9 have the same parity, they are both odd.
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