Pari-Passu
A Latin phrase meaning "equal footing" that describes situations where two or more assets, securities, creditors, or obligations are equally managed without preference.
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A Latin phrase meaning "equal footing" that describes situations where two or more assets, securities, creditors, or obligations are equally managed without preference.
Source: NCREIF | Date: 09 September 2025 | ID: D1340 | Version: 1