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| parity [ párriti ] |
noun |
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| Definition: |
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1. equality: equality of status or position, especially in terms of pay or rank
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2. similarity between things: the quality of being similar or identical
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3. mathematics relationship between numbers: a relationship of oddness or evenness between two numbers integers. If two numbers are both odd or both even, they are said to have the same parity. If one is odd and one is even, they have different parity.
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4. finance equality of exchange rate: equivalence in the rate of exchange between several currencies
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5. comput integrity of transmitted data: equivalence between computer data transmitted, e.g. by fax or e-mail, and the data received. Errors are checked by comparing the number of 1s in the message sent with the number in the message received.
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| [Late 16th century. Directly or via French< late Latin paritas< Latin par 'equal'] |
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