parity
This term describes a state of equilibrium or equivalence, often carrying a strong connotation of fairness and justice when applied to social or professional status. It is frequently used in political and legal discourse to argue for the removal of systemic disparities in pay or opportunity. In technical fields, the word shifts from a concept of fairness to a binary property. In mathematics and computing, it refers to a strict classification of evenness or oddness, serving as a mechanical tool for error detection rather than a social goal.
Meanings
The state or condition of being equal, especially regarding status, pay, or value.
"The union is fighting for pay parity between male and female employees."
The quality of being equal in value or amount between two different currencies.
"The euro reached parity with the US dollar last week."