This is the 690th most frequent Norwegian word.
paret
"The couple"
Here, 'paret' means 'couple' and refers to two people who are in a relationship.
Paret gikk en tur i parken.
The couple went for a walk in the park.
In this context, 'paret' refers to the 'pair of socks', meaning two items considered as one unit.
Jeg brukte paret med sokker jeg kjøpte i går.
I used the pair of socks I bought yesterday.
'Paret' is part of the verb form 'paret sammen', which means 'paired' or 'matched' in this case.