Pari-passu
Pari-passu is a financing term indicating that all investors or creditors are treated equally in a certain aspect of the deal.
Benefits
Pari-passu ensures all investors are treated equally, promoting fairness in financial agreements.
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.
Key Takeaway
Pari-passu ensures all investors are treated equally, promoting fairness.