Paperless credit transfers and Pari passu: Difference between pages
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imported>Doug Williamson (Linked to The Treasurers Handbook - Payments and payment systems) |
imported>Doug Williamson (Add link.) |
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Latin term meaning ‘equal in all respects’ and would indicate, for example, that one class of obligation will have the same rights and privileges as another class of obligation. | |||
== See also == | == See also == | ||
* [[ | * [[Negative pledge]] | ||
* [[ | * [[Pari passu clause]] | ||
* [[Obligation]] | |||
* [[Seniority]] | |||
* [[Subordination]] |
Revision as of 15:55, 12 December 2016
Latin term meaning ‘equal in all respects’ and would indicate, for example, that one class of obligation will have the same rights and privileges as another class of obligation.