Referring to the condition of being equal. It is used in finance referring to salaries and costs, and in mathematics and physics to refer to the state of numbers being even or at the same level. The word parity is also used to refer to the same status of character. In medicine, the word parity is used to reference bearing children or the number of children previously born.

Etymology

The word parity borrows from the 16th-century Latin word paritus, which means equal.

In a Sentence

The fight for parity at the workplace among both genders is a lost course as men and women excel in different areas of life.

Medical records of women in labor require them to provide parity information, as subsequent loss of pregnancies could have underlying medical conditions.

There has been a huge struggle for parity in establishing the Rooney rule in big tech companies.