A paramitais a perfection, i.e., the paramitas are virtues we should try to perfect. They are: giving/generosity (dana), virtue/morality/ethics (sila), patience/endurance (ksanti), energy/effort (virya), concentration/meditation (dhyana), wisdom (prajna). 

Technical note: the Sanskrit translated here as concentration/meditationis dhyana. The Sanskrit translated as concentration/meditation for the eightfold path is samadhi. There is a difference — samadhi is a particular state, while dhyana is an action — the act of meditation.

For more information, see https://en.wikipedia.org/wiki/Paramita