Pronunciation: /ˈpɑri ˈpɑsu/
noun a Latin phrase meaning 'on an equal footing' or 'at the same pace', often used in legal and financial contexts
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.
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.
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