pari passu definition

  • adverb:
    • At an equal pace; side-by-side: inflation and rates of interest increasing pari passu.
    • at the same price
    • found in legal language
  • adjective:
    • at the same price
  • noun:
    • With equal rate or progress; hand and hand; in total accord; in-law, equally compared; without inclination; pro rata.
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