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Pari passu is a Latin phrase that literally means "with an equal step" or "on equal footing". It is sometimes translated as "ranking equally",[1] "hand-in-hand", "with equal force", or "moving together", and by extension, "fairly", "without partiality".[2]
- ^ Briscoe, Simon; Fuller, Jane (2007). Harriman's Financial Dictionary: Over 2,600 Essential Financial Terms. p. 348.
Ranking equally, meaning literally 'with equal step'.
- ^ "Pari passu". Business Dictionary. Archived from the original on July 31, 2014. Retrieved July 29, 2014.