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Từ vựng:

pari passu

Giải nghĩa:

/ˌpærɪ ˈpæsuː/ – Phrase


Definition: ngang nhau, bằng nhau, có quyền ngang nhau, có phần bằng nhau.

A more thorough explanation: “Pari passu” is a Latin term that means “on equal footing” or “ranking equally.” In legal terms, it is often used to describe a situation where two or more parties have equal rights or claims in relation to a particular matter, such as the distribution of assets in a bankruptcy proceeding.

Example: The creditors will be paid pari passu, meaning they will be treated equally and receive their share of the assets at the same time.

 

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