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.
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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.
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