fixed parity

fixed parity fixed parity parity

* * *

fixed parity UK US noun [C or U] (plural fixed parities) ECONOMICS, MONEY
the value of a country's currency in relation to another currency to which it is fixed: »

Member countries of the International Monetary Fund undertook to maintain currency rates at a fixed parity.

the system by which the value of one country's currency is fixed to that of another country: »

The government may re-establish fixed parity for its currency this summer.


Financial and business terms. 2012.

Look at other dictionaries:

  • parity — For convertibles, level at which a convertible security s market price equals the aggregate value of the underlying common stock; value/worth of the convertible bond considered only as an equity instrument ( conversion ratio times common price).… …   Financial and business terms

  • Fixed income attribution — refers to the process of measuring returns generated by various sources of risk in a fixed income portfolio, particularly when multiple sources of return are active at the same time. For example, the risks affecting the return of a bond portfolio …   Wikipedia

  • Fixed-income attribution — refers to the process of measuring returns generated by various sources of risk in a fixed income portfolio, particularly when multiple sources of return are active at the same time. For example, the risks affecting the return of a bond portfolio …   Wikipedia

  • Fixed exchange-rate system — Foreign exchange Exchange rates Currency band Exchange rate Exchange rate regime Exchange rate flexibil …   Wikipedia

  • Parity of zero — Zero objects, divided into two equal groups Zero is an even number. In other words, its parity the quality of an integer being even or odd is even. Zero fits the definition of even number : it is an integer multiple of 2, namely 0 × 2. As a… …   Wikipedia

  • parity — parity1 /par i tee/, n. 1. equality, as in amount, status, or character. 2. equivalence; correspondence; similarity; analogy. 3. Finance. a. equivalence in value in the currency of another country. b. equivalence in value at a fixed ratio between …   Universalium

  • Parity of a permutation — Permutations of 4 elements Odd permutations have a green or orange background. The numbers in the right column are the inversion numbers (sequence …   Wikipedia

  • Parity Bond — Two or more bond issues with equal rights to one another. In other words, a parity bond is an issued bond with equal rights to a claim as other bonds already issued. For example, unsecured bonds have equal rights in that coupons can be claimed… …   Investment dictionary

  • parity — I. /ˈpærəti / (say paruhtee) noun 1. equality, as in amount, status, or character. 2. equivalence; correspondence; similarity or analogy. 3. Finance a. equivalence in value in the currency of another country. b. equivalence in value at a fixed… …   Australian English dictionary

  • parity — Synonyms and related words: accordance, agreement, alikeness, alliance, analogy, aping, approach, approximation, asking price, assimilation, balance, bearish prices, bid price, book value, bullish prices, call price, closeness, closing price,… …   Moby Thesaurus

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”

We are using cookies for the best presentation of our site. Continuing to use this site, you agree with this.