Pari Passu in a sentence
(1) The two teams worked pari passu to complete the project on time.
(2) The two companies agreed to work together pari passu on the project.
(3) The two musicians collaborated pari passu on the composition of the song.
(4) The siblings inherited the estate pari passu, dividing everything equally.
(5) The investors agreed to contribute pari passu to the funding of the startup.
(6) The development of technology and society has advanced pari passu in recent years.
(7) The partners decided to split the profits pari passu, each receiving an equal share.
(8) The creditors were paid pari passu from the proceeds of the sale of the company's assets.
(9) The two countries agreed to reduce their carbon emissions pari passu to combat climate change.
(10) The two parties negotiated the terms of the contract pari passu, ensuring fairness for both sides.
Pari Passu meaning
Pari passu is a Latin phrase that is commonly used in legal and financial contexts. It translates to "with equal step" or "side by side" in English. This phrase is often employed to describe a situation where two or more parties have equal rights, responsibilities, or privileges. If you are looking to incorporate the term "pari passu" into your writing, here are some tips on how to use it effectively in a sentence:
1. Legal context: - In legal documents, such as contracts or agreements, you can use "pari passu" to indicate that two or more parties have equal rights or obligations. For example: "The creditors will be repaid pari passu, ensuring fairness and equality among all stakeholders."
2. Financial context: - Pari passu is frequently used in financial discussions, particularly in relation to debt or securities. It signifies that different creditors or investors have equal claims or priority in the event of liquidation or bankruptcy. For instance: "The company's bonds will be paid pari passu, ensuring that all bondholders receive an equal share of the proceeds."
3. Comparisons and equality: - Pari passu can also be used to express a sense of equality or parallelism between two or more entities. For example: "The two siblings worked pari passu to complete the project, showcasing their teamwork and coordination."
4. International relations: - In diplomatic or international relations, "pari passu" can be used to emphasize the equal treatment or status of different nations. For instance: "The trade agreement aims to promote economic cooperation and development, ensuring that all participating countries benefit pari passu."
5. Academic or scholarly writing: - If you are writing an academic paper or conducting research, you can use "pari passu" to demonstrate the equal treatment of different variables or factors. For example: "The study analyzed the impact of various socio-economic factors, treating them pari passu to ensure unbiased results." Remember, when using "pari passu" in a sentence, it is important to provide sufficient context to help readers understand its meaning. Additionally, ensure that the usage aligns with the specific context or field you are writing in, as the phrase is primarily employed in legal and financial domains.
The word usage examples above have been gathered from various sources to reflect current and historical usage of the word Pari Passu. They do not represent the opinions of TranslateEN.com.