Equity vs. Parity — What's the Difference?

Ownership interest in a business entity.

Equality in amount, status, or value.

A system of law concerned with natural justice.

Functional equivalence in technology.

The state or quality of being just and fair.

The state of two currencies having equal value.

Something that is just and fair.

Equality, as in amount, status, or value.

Justice achieved not simply according to the strict letter of the law but in accordance with principles of substantial justice and the unique facts of the case.

Functional equivalence, as in the weaponry or military strength of adversaries

See court of equity.

The equivalent in value of a sum of money expressed in terms of a different currency at a fixed official rate of exchange.

An equitable right or claim

Equality of prices of goods or securities in two different markets.

Ownership interest in a corporation, property, or other holding, usually calculated as the value of the holding after subtracting any debt or liabilities.

A level for farm-product prices maintained by governmental support and intended to give farmers the same purchasing power they had during a chosen base period.

Equities Shares of common stock or preferred stock.

(Mathematics) The even or odd quality of an integer. If two integers are both odd or both even, they are said to have the same parity; if one is odd and one even, they have different parity.

The value of a brand's reputation.

An intrinsic symmetry property of a physical system, such as a subatomic particle, that specifies how the system would behave if the three spatial coordinates were reversed from x, y, z to -x, -y, -z.

Representing an ownership interest

A quantum number, either +1 (even) or -1 (odd), that mathematically represents this property.

Of or relating to stocks

The even or odd quality of the number of 1's or 0's in a binary code, often used to determine the integrity of data especially after transmission.

Subordinated to all other claims on income, earnings, or assets

A parity bit.

Fairness, impartiality, or justice as determined in light of "natural law" or "natural right".

The condition of having given birth.

(legal) Various related senses originating with the Court of Chancery in late Medieval England

The number of children borne by one woman.

(legal) The power of a court of law having extra-statutory discretion, to decide legal matters and to provide legal relief apart from, though not in violation of, the prevailing legal code; in some cases, a court "sitting in equity" may provide relief to a complainant should the code be found either inapplicable or insufficient to do so.

(uncountable) Equality; comparability of strength or intensity.

(legal) A right which accrues to a party in a transaction because of the nature of the transaction itself, and which is exercisable upon a change of circumstances or conditions; in other words, an equitable claim.

Senses related to classification into two sets.

The body of law which was developed in the English Court of Chancery, which Court had extra-statutory discretion, and is now administered alongside the common law of Britain.

A set with the property of having all of its elements belonging to one of two disjoint subsets, especially a set of integers split in subsets of even and odd elements.

(finance) Various senses related to net value

The classification of an element of a set with parity into one of the two sets.

Value of property minus liens or other encumbrances.

(computing) The count of one bits in a value, reduced to even or odd or zero or one.

(business) Ownership, especially in terms of net monetary value of some business.

Symmetry of interactions under spatial inversion.

(accounting) Ownership interest in a company as determined by subtracting liabilities from assets.

In reversi, the last move within a given sector of the board.

(poker) A player's expected share of the pot.

Resemblance; analogy.

(nonstandard) Equality

The number of delivered pregnancies reaching viable gestational age, usually between 20-28 weeks

Equality of rights; natural justice or right; the giving, or desiring to give, to each man his due, according to reason, and the law of God to man; fairness in determination of conflicting claims; impartiality.

The number of times a sow has farrowed.

An equitable claim; an equity of redemption; as, an equity to a settlement, or wife's equity, etc.

The quality or condition of being equal or equivalent; a like state or degree; equality; equivalence; close correspondence; analogy; as, parity of reasoning.

A system of jurisprudence, supplemental to law, properly so called, and complemental of it.

Equivalence in value to the currency of another country.

The difference between the market value of a property and the claims held against it

A property assigned to elementary particles, conceptualized as a form of symmetry, representing the fact that no fundamental distinctions can be observed between right-handed and left-handed systems of particles in their interactions, and supported by the typical observation that the total parity of a system is unchanged as particles are created or annihilated; however, certain interactions involving the weak force have been shown to violate the principle of conservation of parity.

The ownership interest of shareholders in a corporation

A property of the wave function of a system, which takes the value of +1 or -1, indicating whether the value of the wave function changes sign if each of the variables of the system is replaced by its negative.

Conformity with rules or standards;

The condition of having borne a child or children, alive or dead.

The quality of being fair or impartial.

The property of being even or odd; as, 3 has odd parity, but 6 has even parity.

The value of a property after deducting liabilities.

The property of having an even or odd number of bits set to the value of 1 (as opposed to 0); - applied to bytes or larger groups of bits in a data structure. It is used mostly in the process of parity checking. The parity of a data structure can be changed by changing the value of the parity bit.

Fairness towards individuals based on their circumstances.

(obstetrics) the number of live-born children a woman has delivered;

(mathematics) a relation between a pair of integers: if both integers are odd or both are even they have the same parity; if one is odd and the other is even they have different parity

(computer science) abit that is used in an error detection procedure in which a 0 or 1 is added to each group of bits so that it will have either an odd number of 1's or an even number of 1's; e.g., if the parity is odd then any group of bits that arrives with an even number of 1's must contain an error

(physics) parity is conserved in a universe in which the laws of physics are the same in a right-handed system of coordinates as in a left-handed system

Functional equality

Equal representation of groups.

Condition of being equal, especially in terms of position or power.

Parity signifies equality, especially in terms of status, value, or amount.

Not always, but Equity often involves recognizing and addressing unique needs or barriers.

Parity usually emphasizes identical outcomes or values, but the approach can vary.

In social settings, Equity emphasizes ensuring everyone has what they need to succeed, considering individual challenges.

Equity focuses on fairness and justice tailored to individual or group needs.

Gender Parity refers to equal representation or status of different genders in certain contexts.

Yes, there's a system of law called Equity that's concerned with natural justice.

Yes, Equity can denote ownership interest in a business or an asset's value after deducting liabilities.

Not necessarily. Equity might mean different resources are given based on individual needs to achieve fair outcomes.

In tech, Parity often refers to functional equivalence, like data parity in storage systems.

Yes, Parity can refer to two currencies having the same value.

Equity in education ensures all students receive what they need to achieve their full potential.

While Equity may require different treatments to achieve fairness, Parity seeks identical outcomes or treatments for everyone.

Yes, Parity often indicates a balanced state, be it in representation, value, or status.

Parity aims for equality, but achieving parity doesn't always mean achieving fairness.