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parity

noun [U]
 
 
/ˈpær.ə.ti/ US  /ˈper.ə.t̬i/

Definition

equality, especially of pay or position: British nurses would like to see pay parity with nurses in other major European countries.Similar and the sameDescribing people with the same qualities
(Definition of parity noun from the Cambridge Advanced Learner's Dictionary & Thesaurus © Cambridge University Press)

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