paired / pared are similar-sounding terms with different meanings (referred to as homophones). To better understand the differences, see below for definitions, pronunciation guides, and example sentences using each term. 👇
paired: (verb) form a pair or pairs. (verb) occur in pairs. (verb) arrange in pairs. (adjective) mated sexually.
pared: (verb) decrease gradually or bit by bit. (verb) remove the edges from and cut down to the desired size.
paired: p·EH·r·d
pared: p·EH·r·d
(Examples are Wikipedia snippets under the CC ShareAlike 3.0 license. Definitions drawn from WordNet.)