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Meaning of pari passu*

pa•ri pas•su

Pronunciation: (pä'rē päs's Eng. pâr'ī pas', pâr'ē), [key]
— Latin. Latin.
  1. with equal pace or progress; side by side.
  2. without partiality; equably; fairly.
Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.