Financial Dictionary

abcdefghijklmnopqrstuvwxyz

Pari-passu

A Latin term referring to two securities with the same obligations and rights. For a secondary issue of shares with the same rights like existing shares is said to be pari-passu.

Equity Scholar is a market-leading financial education service for traders and investors alike. Built to be the best, Equity Scholar offers a full range of free educational products and services that provide lifelong learning and support to those seeking improvement in their trading and investing performance.