Price Pegging

Parity Price: Understanding its Definition and Applications
Parity price refers to the price level of a commodity or service which is pegged to another price or to a composite average of prices based on a selected prior period. It is reflected in an index number on a scale where 100 symbolizes parity.

Finance Dictionary Pro

Our mission is to empower you with the tools and knowledge you need to make informed decisions, understand intricate financial concepts, and stay ahead in an ever-evolving market.