| 单词 | parity |
| 释义 | parity parity // noun
FIXED PARITY, PURCHASING POWER PARITY
1 [U] the state of being equal, especially the state of having equal pay or status: Part-time workers are demanding pay parity with full-time staff. The country is coming closer to economic parity with its neighbours. the need to achieve parity of incomes between rural workers and industrial workers
2 (Economics ) [U,C] the situation when units of money of two different countries, or units of two different products, have equal value: The dollar remained near parity with the euro. Gas was priced at parity with oil. Many former colonies maintained a parity between their currency and the French franc.
3 (Economics ) [C,U] the amount of a foreign currency that is the same as a particular amount of a country's own currency at an established rate of exchange: a parity of 1.40 pesos to the dollar on the official market |
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