Parities

Parities, in its plural form, refers to states of being equal or equivalent, often concerning value, amount, or status. It emphasizes the concept of things being alike or balanced, particularly in the context of comparisons. It highlights the absence of significant differences or discrepancies. This term is frequently used in economics, finance, and mathematics to describe balanced situations or equal conditions. It could also be used in more casual contexts, like the equality of genders and races.

Parities meaning with examples

• The economist closely monitored the currency parities to predict potential market shifts. The government's policy aims to achieve economic parity among its regions through investments. These investments were designed to eliminate the discrepancies between the north and south and ensure that parities are aligned.
• In the context of international trade, establishing fair trade parities means ensuring that goods and services are exchanged at equitable prices. This ensures balanced trade that benefits all parties involved. The aim is to eliminate any unfair advantage given to one country or company over another.
• The debate around gender pay parity focuses on ensuring equal pay for equal work, irrespective of gender. This is an effort to establish the parity that allows people of all genders to live equally. In the workplace, advocating for parity promotes fairness.
• The algorithm used financial parities to calculate the closing stock price for the last quarter. This ensures the appropriate calculations are implemented. These parities allowed a balanced analysis of performance.
• Advocates for social justice strive to create legal and social parities for all citizens. Ensuring these parities protects people's rights and equality. The aim is to achieve balance in society.