parity definition

parity

General: Equality or essential equivalence.

Data transmission: Odd or even state of a sum of binary digits, used as a basis of a method (called parity check) of detecting errors in asynchronous computer communications or storage.

Economics: Equality or constant relationship between buying power, prices, wages, and rate of exchange of a currency.

parity is in the Corporate, Commercial, & General Law, Data Management, Communications, & Networks and Economics, Politics, & Society subjects.

parity appears in the definitions of the following terms: balancing feedback, parity bit, parity check, leapfrogging and exchange rate mechanism (ERM)

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