What does 'pari passu' mean?
Answers
Answered by
1
It means with equal steps
Answered by
0
'pari passu' means 'with an equal rights' or 'ranking equally'
'pari passu' in economy refers to loans,bonds or shares that have equal rights to pay or equal seniority.
'pari passu' in economy refers to loans,bonds or shares that have equal rights to pay or equal seniority.
Similar questions