Debt Restructuring Terms

1 words in this vocabulary list

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

  • The two parties agreed to proceed pari passu in their joint venture.
  • We'll have to work together pari passu on this project.
  • Let's tackle this pari passu, no slacking off.
  • Their relationship grew pari passu with their shared experiences.