par ‧ i ‧ ty /ˈpærəti, ˈpærɪti/ BrE AmE noun [uncountable]
[ Date: 1500-1600 ; Language: Latin ; Origin: paritas , from par ; ⇨ ↑ par ]
1 . the state of being equal, especially having equal pay, rights, or power SYN equality
parity with
Women workers are demanding parity with their male colleagues.
2 . technical equality between the units of money from two different countries