market parity

USAGE SUMMARY

The phrase "market parity" is correct and usable in written English.
It can be used in discussions related to economics, finance, or marketing, particularly when referring to a situation where prices or conditions are equal across different markets or competitors. Example: "To achieve market parity, we need to ensure that our pricing strategy aligns with our competitors' offerings."

✓ Grammatically correct

News & Media

Science

Formal & Business

Human-verified examples from authoritative sources

Exact Expressions

2 human-written examples

Indeed, let's have some real fun: merge the dollar and the euro, since they've pretty much achieved market parity, and the euro comes - at least, it appears to come - equipped with fiscal disciplines that the budget-busting Bush administration badly needs.

The Guardian

But Microsoft has more, and harder work ahead of it to not simply establish its platforms — which it has done to a modest, if stable extent — but instead to drive them to market parity with the far larger iOS and Android ecosystems.

TechCrunch

Human-verified similar examples from authoritative sources

Similar Expressions

58 human-written examples

In most markets parity between clean and fossil energy is projected occur within 7-8 years.

Huffington Post

For the foreign-exchange markets, though, parity has assumed great symbolic significance.

The Economist

Two things: the success of Airbus in achieving rough market-share parity at the end of the 1990s, and resentment over launch aid for the A380, the superjumbo designed to bring to an end the long reign of the 747.

The Economist

"[Indies] deserve equal market access and parity of terms with Universal, Sony and Warner," it states in the manifesto, "and an independent copyright should be valued and remunerated at the same level as a major company copyright".

The Guardian - Music

Intel officials say the Pentium 4 will help fend off the tenacious attack that Advanced Micro Devices amd has mounted in the past year and a half with its Athlon a chip that for the first time lets the perennial No. 2 in the market claim technological parity with its larger rival.

Forbes

Those policies are specifically set forth, 7 U.S.C. 602, and in general provide that orders should establish and maintain orderly marketing conditions and parity prices for milk producers.

Cornell University

Modern marketing fights that parity, using science, art and psychology to create more products to extract as much money for any stated need, at a range of prices.

TechCrunch

Nonetheless, Portuguese bond yields, which for most of the past four years have been much higher than those for emerging markets, are now at parity with them.The gains in bond markets have contrasted with a setback in equities in the first half of January.

The Economist

This decade saw brand proliferation, product parity, and market segmentation carried to an extreme.

Harvard Business Review

Expert writing Tips

Best practice

When discussing "market parity", specify which factors are being compared (e.g., price, market share, access) to provide clarity and context.

Common error

Do not confuse "market parity", which relates to competitive equality within a market, with purchasing power parity, which compares the relative value of currencies across different countries.

Linguistic Context

The phrase "market parity" functions as a noun phrase, often acting as the subject or object of a sentence. It describes a state of equality or balance within a market, whether concerning prices, market share, or other relevant factors. Ludwig AI confirms its grammatical correctness.

Expression frequency: Rare

Frequent in

News & Media

33%

Science

33%

Formal & Business

33%

Less common in

Wiki

0%

Encyclopedias

0%

Academia

0%

Ludwig's WRAP-UP

In summary, "market parity" is a noun phrase describing a state of equality or balance within a market. Ludwig AI confirms that the phrase is grammatically correct. It is primarily used in professional contexts such as economics, finance, and marketing. While the phrase is relatively rare, understanding its meaning and usage is valuable for comprehending discussions about competitive landscapes and economic trends. Common alternatives include "equal market conditions" and "competitive market balance".

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

equal market conditions

This phrase emphasizes the equality of circumstances within a market, rather than specific price points.

competitive market balance

This phrase highlights the equilibrium achieved through competition in the marketplace.

level playing field

This idiom refers to an equitable situation where all participants have the same opportunities.

equal market access

Focuses specifically on the equitable availability of markets to different participants.

price equilibrium

This term refers to a state where supply and demand are balanced, leading to price stability.

fair competition

Emphasizes the just and equitable nature of competitive interactions within a market.

equivalent market share

This phrase denotes a situation where competitors possess a similar portion of the market.

comparable market value

Indicates that different entities or products have a similar worth in the market.

market equilibrium

Highlights the balance between supply and demand forces in the market.

balanced market forces

Refers to the state where the various forces influencing the market are in equilibrium.

FAQs

How do you use "market parity" in a sentence?

You can use "market parity" to describe situations where different entities or products have reached a state of equality in the market. For example, "The company aimed to achieve "market parity" with its main competitor through aggressive pricing strategies."

What can I say instead of "market parity"?

You can use alternatives like "equal market conditions" or "competitive market balance" depending on the specific context.

What does "market parity" mean in the context of renewable energy?

In the context of renewable energy, "market parity" refers to the point at which the cost of renewable energy sources becomes equal to or less than the cost of traditional energy sources like fossil fuels.

How is "market parity" different from "purchasing power parity"?

"Market parity" refers to a state of equality in market conditions or value, whereas "purchasing power parity" is an economic theory that compares different countries' currencies through a "basket of goods" approach.