# Parity

Technology / Computers / Parity: An error-checking method that utilizes an extra bit that is sent to the receiving device to determine the validity of any given character.

## Other Words for Parity

Parity Noun Synonyms: equality, equivalence, consistency, uniformity, par, likeness, similarity, analogy, congruity, similitude, conformity, congruence
MORE

### Parity Price

Business / Agriculture / Parity Price: A measurement of the purchasing power of a unit of a particular commodity. Originally, parity was the price per bushel, bale, pound, or hundredweight that would be necessary for a unit of a commodity MORE

### Net Parity

Business / Finance / Net Parity: Antithesis of gross parity. MORE

### Parity Ratio

Business / Agriculture / Parity Ratio: The ratio of the prices received index, 1910-14=100, to the prices paid index on a 1910-14=100 base (called the parity index). The parity ratio is a measure of relative price relationships. It is not MORE

### Interest Rate Parity Theorem

Business / Finance / Interest Rate Parity Theorem: Expression that the interest rate differential between two countries is equal to the difference between the forward foreign exchange rate and the spot rate. MORE

### Gross Parity

Business / Finance / Gross Parity: Measures and economy's total income. It is equal to G.D.P. plus the income abroad accruing to domestic residents minus income generated in domestic market accruing to non-residents. MORE

### Debt Service Parity Approach

Business / Finance / Debt Service Parity Approach: The ratio of cash flow available to the borrower to the annual interest and principal payments on a loan or other debt. MORE