HomeDefinitionsCompareDebt Gross parityThe financial definition for Gross parity:Applies mainly to convertible securities and international equities. Antithesis of net parity. For the price of a convertible, including accrued interest. For the price of international security, including commissions, fees, stamp duty, and other transaction costs, translated into U.S. dollar amounts. Similar MatchesAbsolute form of purchasing power parityAbsolute form of purchasing power parityA theory that prices of products of two different countries should be equal when measured by a common currency. Also called the "law of one price." Conversion parityConversion paritySee: Market conversion price Conversion parity or valueConversion parity or valueApplies mainly to convertible securities. Common stock price at which a convertible bond can become exchangeable for common shares of equal value; value of a convertible bond based solely on the market value of the underlying equity. Par value + conversion ratio. See bond value, investment value, parity. Further SuggestionsConversion parity priceCovered Interest Rate Parity Debt service parity approach Forward parity Interest rate parity line (IRP) Interest rate parity theorem Net parity Click to compare definitions of Gross parity Click to view definitions beginning gr |