pari passu
Americanadverb
-
with equal pace or progress; side by side.
-
without partiality; equably; fairly.
adverb
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
“Effectively, saying that subordinated Tier 2 and AT1 are pari passu would have been very problematic for the AT1 market.”
From Reuters ● May 17, 2023
The investor said the AT1 bonds were pari passu, in other words ranking at the same level, with the reference bond underlying the CDS contracts, which included a subordinated bond that matured in 2020.
From Reuters ● May 17, 2023
It bought up defaulted Peruvian commercial bank loans starting in the mid-1990s and used the pari passu argument to collect on the debt.
From Reuters ● Jul. 29, 2014
“Under Irish law, senior bondholders rank pari passu with depositors,” Mr. Cowen said, meaning they each had equal rights.
From New York Times ● Nov. 20, 2010
Throughout the course of all attacks the febrile process and the erysipelatous blush proceed pari passu with but little deviation of the severity of the one from the intensity of the other.
From A System of Practical Medicine by American Authors, Vol. I Volume 1: Pathology and General Diseases by Various
Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.
