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pari passu
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pari passu

The new preferred stock will be treated as pari passu with the Series A Preferred.
  law:   equal in all respects
 Mark word for later review on this computer
This is often used in legal language as in describing new preferred shares of stock as ranking pari passu with all existing shares; or describing creditors in a bankruptcy as being paid pari passu.
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  • The new preferred stock will be treated as pari passu with the Series A Preferred.
  • Bankruptcy will assure creditors are treated pari passu.
  • But the ingenious machinery contrived by the Gods for reducing human possibilities of amelioration to a minimum—which arranges that wisdom to do shall come pari passu with the departure of zest for doing—stood in the way of all that.
    Thomas Hardy  --  The Mayor of Casterbridge
  • No; pari passu with Solander, who bought his knowledge with pain and privations!
    James Fenimore Cooper  --  The Prairie
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Associated words [difficulty]:   pari passu , certiorari [8] , bar [1] , Chapter 11 bankruptcy [3] , grand jury [5] , recuse [5] , circumstantial evidence [6] , entrapment [6] , extradition [6] , inside information [6] , subpoena [6] , conflict of interest [7] , restraining order [7] , certiorari [8] , class action [8] , power of attorney [8] , pro bono [8] , public domain [8] , tort [8] , Uniform Commercial Code [9] , bench warrant [9] , collective bargaining [9] , corpus delicti [9] , de jure [9] , demurrer [9] , deponent [9] , ex parte [9] , notary public [9] , prima facie [9] , pseudoscience [9]
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Most commonly used in these subjects:   Law, Logic & Reasoning, Medicine
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