pari passu [pä′rē pä′so̵̅o̅′, pā′ri′ pas′o̵̅o̅′]
Webster's New World College Dictionary Copyright © 2010 by Wiley Publishing, Inc., Cleveland, Ohio.
- at an equal pace
- in an equal or like way
- Law without preference or priority
Used by arrangement with John Wiley & Sons, Inc.
The American Heritage® Dictionary of the English Language, 4th edition Copyright © 2010 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
At an equal pace; side by side: inflation and interest rates increasing pari passu.
Origin: Latin parī passū : parī, ablative of pār, equal + passū, ablative of passus, step.