Definition of
parity
price equivalence in different markets a situation when the price of a commodity, foreign currency, or security is the same in different markets.
Related definitions of "parity"
- See also arbitrage
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price equivalence in different markets a situation when the price of a commodity, foreign currency, or security is the same in different markets.
Definitions of ’parity’ and meaning of ’parity’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’parity’ and other financial terms with our online QFINANCE Financial Dictionary.