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Pari-Passu |
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Pari-Passu What Does Pari-Passu Mean? Two securities or obligations that have equal rights to payment. Investopedia explains Pari-Passu 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 Terms: How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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