"Pari-passu" Definition
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 Glossary   >   P   >   "Pari-passu" Definition   

        Pari-passu

Two securities or obligations with equal rights to payment. The term is Latin and translates to: "without partiality."

Pari-passu


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Pari-passu - Two securities or obligations with equal rights to payment. The term is Latin and translates to: "without partiality."


Pari-passu : two securities or obligations with equal rights to payment. the term is latin and translates to: "without partiality."