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Pari Passu শব্দের বাংলা অর্থ: যুগপত্
Pari Passu Meaning In Bengali যুগপত্
Pari Passu
একত্রে, যুগপত্,
Definition
1) **In equal proportion or ratio:** Pari passu is a Latin term that means "at an equal pace." In the context of finance, this term is often used to describe the equal treatment of creditors or investors, who have equal claim on assets or rights, with no preferred status given to any one party.
2) **Simultaneously or together:** Pari passu can also refer to things that occur at the same time or in parallel. For example, when two or more legal actions are progressing pari passu, it means they are moving forward simultaneously.
3) **Legal concept:** In law, pari passu can refer to the principle that different debts or legal claims should be treated equally and paid out proportionately, if funds or assets are insufficient to satisfy all obligations. This ensures a fair and equitable distribution of resources among competing parties.
Examples
Pari Passu Example in a sentence
1) The two companies agreed to work together on the project pari passu, sharing resources and responsibilities equally.
2) All shareholders are entitled to receive dividends pari passu, regardless of the size of their investment.
3) The creditors will be repaid pari passu from the company's assets in the event of bankruptcy.
4) The siblings inherited their father's estate pari passu, dividing up the properties and assets equally.
5) The scholarships will be awarded pari passu to deserving students based on their academic achievements.
6) The partners entered into the business agreement with the understanding that profits and losses would be shared pari passu.
7) The two countries signed a treaty to cooperate pari passu on environmental conservation efforts.
8) The judge ruled that the divorced couple should split their assets pari passu, with each party receiving an equal share.
9) The employees at the company are treated pari passu, regardless of their job titles or seniority.
10) The siblings decided to sell their inherited property pari passu, dividing the proceeds equally among themselves.
Part of Speech
Pari Passu (Noun)
Synonyms
In Company With , In Concert , In Conjunction With , Pari Passu , With - (SYNONYM) একত্রে
Pari Passu - (SYNONYM) যুগপত্
Encyclopedia
**In equal proportion or ratio:** Pari passu is a Latin term that means "at an equal pace." In the context of finance, this term is often used to describe the equal treatment of creditors or investors, who have equal claim on assets or rights, with no preferred status given to any one party.
**Simultaneously or together:** Pari passu can also refer to things that occur at the same time or in parallel. For example, when two or more legal actions are progressing pari passu, it means they are moving forward simultaneously.
**Legal concept:** In law, pari passu can refer to the principle that different debts or legal claims should be treated equally and paid out proportionately, if funds or assets are insufficient to satisfy all obligations. This ensures a fair and equitable distribution of resources among competing parties.
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