Mieniemuis
1 Answer
ROMOS
A Latin phrase meaning "equal footing" that describes situations where two or more assets, securities, creditors or obligations are equally managed without any display of preference. An example of pari-passu occurs during bankruptcy proceedings when a verdict is reached, all creditors can be regarded equally, and will be repaid at the same time and at the same fractional amount as all other creditors. Treating all parties the same means they are pari-passu.
http://www.investopedia.com/terms/p/pari-passu.asp
| 12 years ago. Rating: 5 | |
Top contributors in Languages category
Unanswered Questions
camelotyorg
Answers: 0
Views: 9
Rating: 0
gglbetsgorgsg
Answers: 0
Views: 11
Rating: 0
pomelopgnet
Answers: 0
Views: 9
Rating: 0
pomelopgnet
Answers: 0
Views: 7
Rating: 0
okok7gamecom
Answers: 0
Views: 6
Rating: 0
79King Casino: Doi Thuong An Toan, Nhanh Chong, Tien Loi - Trai Nghiem Ca Cuoc Thuong Luu
Answers: 0
Views: 9
Rating: 0
Cổng game 79WIN
Answers: 0
Views: 10
Rating: 0
sv3888cncomm
> More questions...
Answers: 0
Views: 9
Rating: 0