parity price

[ (par-uh-tee) ]


A price paid to American farmers that is designed to give them the same real income that they had between 1910 and 1914, a period selected because it was a time of agricultural prosperity.

Words Nearby parity price

The New Dictionary of Cultural Literacy, Third Edition Copyright © 2005 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.