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Home > QFINANCE Dictionary > Definition of pari passu

Definition of

pari passu

General Management

ranking equally a Latin phrase that means being of equal rank

Recommended Further Reading (Term count)
  • Keeping Money in the Bank
    by Brian Caplen
    This article was first published in Quantum magazine.Making banks safe is easy. Regulators just have to insist that they are loaded high with capital and prevented from lending to anyone more risky than a triple A-rated sovereign. That way no bank will collapse ever again.But safe banks are also dysfunctional. A successful banking system is one that mediates between short-term lenders (depositors) and long-term borrowers (companies, governments,...

Definitions of ’pari passu’ and meaning of ’pari passu’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’pari passu’ and other financial terms with our online QFINANCE Financial Dictionary.

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