parity

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par|ity /p'ærɪti/
1 [N-UNCOUNT]
If there is parity between two things, they are equal. (FORMAL)
Women have yet to achieve wage or occupational parity in many fields...
2 [N-VAR]
If there is parity between the units of currency of two countries, the exchange rate is such that the units are equal to each other. (TECHNICAL)
The government was ready to let the pound sink to parity with the dollar if necessary.

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