Pari-passu
Content
Definition
Pari-passu is a financing term indicating that all investors or creditors are treated equally in a certain aspect of the deal.
Usage and Context
Pari-passu ensures all investors or creditors are treated equally in a deal.
Frequently asked questions
- What does pari passu mean in finance? Pari passu means that all investors or creditors are treated equally in a certain aspect of the deal.
- What is the meaning of pari passu agreement? Pari passu means all investors or creditors are treated equally in certain aspects of a deal.
- What is the pari passu right of payment? Pari passu means all investors or creditors receive equal treatment in payments.
Benefits
Pari-passu ensures all investors are treated equally, promoting fairness in financial agreements.
Conclusion
Pari-passu ensures all investors are treated equally, promoting fairness.