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pari passu

[pah-ree pahs-soo, pair-ahy pas-oo, pair-ee]

adverb

Latin.
  1. with equal pace or progress; side by side.

  2. without partiality; equably; fairly.



pari passu

/ ˈpɑːrɪ, ˌpærɪ ˈpæsuː /

adverb

  1. law with equal speed or progress; equably: often used to refer to the right of creditors to receive assets from the same source without one taking precedence

“Collins English Dictionary — Complete & Unabridged” 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

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