Dictionary
Thesaurus
Reference
Translate
Web
Related Searches
on Ask.com
Nearby Entries
Definition of pari-passu - 1 dictionary result
PASO Sound Products Sale
PASO ProAudio Sound Systems. Great Prices! Specials. Rush Orders
www.audiolinks.com/PasoSound
Dictionary.com Free Toolbar
Define Pari-passu Instantly. Faster Page Loads With Fewer Ads.
Dictionary.com

Pari-passu

Two securities or obligations having equal rights to payment.

Investopedia Commentary

The term is Latin and translates to "without partiality." For example, a secondary issue of shares that carry equal rights with existing shares are said to "rank pari passu."

Related Links

Knowing Your Rights As A Shareholder
Stock Basics Tutorial

See also: Junior Security, Senior Security, Stock, Subordinated Debt, Unsubordinated Debt

Investopedia.com. Copyright © 1999-2005 - All rights reserved. Owned and Operated by Investopedia Inc.
Cite This Source
Search another word or see pari-passu on Thesaurus | Reference
PASO Sound Products Sale
PASO ProAudio Sound Systems. Great Prices! Specials. Rush Orders
www.audiolinks.com/PasoSound