parity

Definition

Equality.

Use parity in a sentence

You may find that there is a lot of parity in the market place and want to try and take over a bigger share.

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My boss was very angry when the new startup reached the same size as our company and we were left at parity with them.

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In recent months the strengthening of the United States Dollar has resulted in near parity with the Euro creating greater purchasing power abroad for U.S. travelers.

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market conversion price put-call parity