Home > Terms > English, UK (UE) > Parity
Parity
Exchange rate between two currencies. Dollar parity, for instance, is the price of a currency expressed in dollars. See also gold parity, purchasing power parity, parity price.
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- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Banking
- Category: Investment banking
- Company: UBS
- Product:
- Acronym-Abbreviation:
Other Languages:
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