IPA: /ˈpærədɒks/
KK: /ˈpærədɑks/
A statement or situation that seems contradictory or impossible but may actually be true or valid.
The idea that you can save money by spending it is a classic paradox.
Paradox → It is formed from "para-" (meaning beyond or contrary to) and "doxa" (meaning opinion or belief). The word describes a statement that goes beyond or contradicts common belief or opinion.
Think of something that goes 'beyond' ('para-') what is usually accepted as 'opinion' ('doxa') — that's why a paradox is a statement that seems contradictory but may reveal a deeper truth.