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.
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
“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
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
This memory defect gradually improves pari passu with the other symptoms.
From Benign Stupors A Study of a New Manic-Depressive Reaction Type by MacCurdy, John T. (John Thompson)
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.
