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pari passu used in legal language
Ãâó: wordnet.princeton.edu/perl/webwn
pari passu This means "in equal proportion." It usually refers to equally ranking issues of a company's preferred shares.
Ãâó: https://www.bmoinvestorline.com/EducationCentre/p....
pari passu At an equal rate or pace.
Ãâó: www.crfonline.org/orc/glossary/p.html
pari passu A term from the Latin, literally "equal in all respects," designating that new shares have the same rank and privileges as old shares of the same class among a particular issuance of securities.
Ãâó: www.citibank.com/corpbank/securities/glossaryp.jsp
pari passu a lending term meaning at an equal rate or pace
Ãâó: www.amsouth.com/CBRC/glossary.asp
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