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English definition of “disparity”

disparity

noun [C or U]     /dɪˈspærəti/ (plural disparities) ECONOMICS
a situation in which two or more things are not equal or similar, especially when this is thought to be unfair: economic/income/pay disparity Manhattan had the greatest income disparity between rich and poor residents outside Puerto Rico. growing/huge/increasing disparity One of her priorities will be to eliminate pay disparity between men and women for equal work. The state has been criticized nationally for large disparities in spending among school districts.
(Definition of disparity noun from the Cambridge Business English Dictionary © Cambridge University Press)
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