parity
//ˈpærɪti//
Noun
paritySingular
paritiesPlural
1
The state or condition of being equal, especially regarding status, rights, or pay.
The company is committed to achieving pay parity between male and female employees.
2
Equality between the amounts of two different currencies.
The two currencies have reached parity for the first time in decades.
3
In mathematics and computing, the property of an integer being even or odd.
The algorithm checks the parity of each number to determine if it is even or odd.