- rank pari passu
- rank v pari passu von gleichem Rang sein, gleichrangig sein
English-german law dictionary. 2013.
English-german law dictionary. 2013.
pari passu — A lending term meaning at an equal rate or pace. American Banker Glossary Refers to the equal ranking of securities. Bloomberg Financial Dictionary Occurs when securities with different characteristics ( e.g. shares with different entitlements to … Financial and business terms
Pari-passu — A Latin phrase meaning “equal footing” that describes situations where two or more assets, securities, creditors or obligations are equally managed without any display of preference. An example of pari passu, occurs during bankruptcy… … Investment dictionary
pari passu — Latin: with equal step Ranking equally. When a new issue of shares is said to rank pari passu with existing shares, the new shares carry the same dividend rights and winding up rights as the existing shares. A pari passu loan is one in which the… … Big dictionary of business and management
pari passu clause — A covenant in a loan agreement in which a borrower promises to ensure that the loan in question will rank pari passu (equally) with its other defined debts … Accounting dictionary
pari passu — /ˌpæri pæsu:/ adverb a Latin phrase meaning ‘equally’ ● The new shares will rank pari passu with the existing ones … Dictionary of banking and finance
pari passu — share and share alike , a term used in several contexts but especially in relation to the rights and ranking of creditors of an insolvent estate; it denotes an entitlement to payment of their debts in shares proportionate to their respective… … Law dictionary
Pari-passu-Klausel — Die Pari passu Klausel (lat. pari passu = „im gleichen Schritt“; Gleichrangerklärung) ist eine Vereinbarung in internationalen Anleihebedingungen oder in Kreditverträgen, die auf den Gleichrang gegenwärtiger und künftiger unbesicherter… … Deutsch Wikipedia
Negative pledge — Contract law Part o … Wikipedia
distribution — dis·tri·bu·tion /ˌdis trə byü shən/ n 1: the act or process of distributing: as a: the apportionment by a court of the property and esp. personal property of an intestate among those entitled to it according to statute compare descent, devise … Law dictionary
alphabet notes — Large loans or stretched senior debt which is divided into different tranches with different maturities, each tranche being identified by a letter of the alphabet: A, B, C and so on. Tranches of senior debt which are repayable after the principal … Law dictionary
Preferred stock — Financial markets Public market Exchange Securities Bond market Fixed income Corporate bond Government bond Municipal bond … Wikipedia