Pari Passu

C2 16+

Pronunciation: /ˈpɑri ˈpɑsu/

Definitions of pari passu

noun a Latin phrase meaning 'on an equal footing' or 'at the same pace', often used in legal and financial contexts

Example Sentences

A1 In the meeting, it was agreed that all team members would work pari passu to complete the project on time.

A2 The two companies decided to work pari passu on the development of the new software.

B1 The siblings inherited the family business pari passu, each owning an equal share.

B2 The shareholders' agreement stipulates that dividends will be distributed pari passu among all investors.

C1 The court ruled that the creditors should be paid pari passu from the proceeds of the sale of the company's assets.

C2 The countries signed a treaty agreeing to cooperate pari passu on environmental protection measures.

Examples of pari passu in a Sentence

formal The two parties agreed to proceed pari passu in their joint venture.

informal We'll have to work together pari passu on this project.

slang Let's tackle this pari passu, no slacking off.

figurative Their relationship grew pari passu with their shared experiences.

Grammatical Forms of pari passu

plural

pari passus

comparative

more pari passu

superlative

most pari passu

present tense

pari passu

future tense

will pari passu

perfect tense

has pari passu

continuous tense

is pari passu

singular

pari passu

positive degree

pari passu

infinitive

to pari passu

gerund

pari passuing

participle

pari passued

Origin and Evolution of pari passu

First Known Use: 1250 year
Language of Origin: Latin
Story behind the word: The phrase 'pari passu' originates from Latin
Evolution of the word: Originally used in legal contexts to mean 'with equal step' or 'side by side', the term has evolved to be used more broadly in various fields to indicate equal treatment or progression.