Legal terminology · Property & agreements
pari passu — On equal footing
pari passu means on equal footing. Latin source words and legal terminology examples: Claims ranking pari passu.
Meaning and source words
Meaning: On equal footing
- Latin: pari passu
Examples and word parts
Claims ranking pari passu
Claims treated as having equal rank rather than one taking priority over another.
Word parts: pari (equal) + passu (step)
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Related property & agreements terms
- caveat emptor — Let the buyer beware
A caveat emptor rule
- quid pro quo — Something for something
An exchange described as quid pro quo
- inter vivos — Between living people
An inter vivos gift
- in rem — Concerning a thing
An in rem proceeding
- in personam — Concerning a person
In personam jurisdiction
- quantum meruit — As much as deserved
A claim in quantum meruit
- per stirpes — By family branch
Distribution per stirpes
- per capita — By head or person
Distribution per capita
Sources and usage
From the Word Radicals legal terminology collection. Source words and word parts are learning references; modern meanings can differ from their classical sources.