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
Kèo bóng đá
Answers: 0
Views: 3
Rating: 0
Montblanc writers edition homage to jane austin limited edition rollerball 130673 to idealny wybór dla miłośników literatury
Answers: 0
Views: 3
Rating: 0
bv789com
Answers: 0
Views: 13
Rating: 0
adayroinet
Answers: 0
Views: 14
Rating: 0
nhaxetinhuong
Answers: 0
Views: 16
Rating: 0
gamesdecom
Answers: 0
Views: 13
Rating: 0
V9Bet
Answers: 0
Views: 11
Rating: 0
5526 com – Cassino Online com Bônus de R$3.600 para Novatos!
> More questions...
Answers: 0
Views: 10
Rating: 0