MoneyGlossary.com
Home  

Gross parity

Definition: [crh] Applies mainly to convertible securities and international equities. Antithesis of net parity. For the price of a convertDefinition: ible, including accrued interest. For the price of international security, including commissions, fees, Definition: stamp duty, and other transaction costs, translated into U.S. dollar amounts.

<< Go back