Pari Passu. An equal sharing among different groups. If separate classes of preferred stock are structured to be pari passu with respect to liquidation preferences or dividends, on the sale of a company, ...
Pari passu This term is usually used to describe new issues of securities which have the same rights as similar issues already in existence. It means ‘equal in all respects'.
pari passu A lending term meaning at an equal rate or pace. parity price ...
Pari Passu: Pari Passu is a term which tells the investor when their new issue shares (which have resulted from a Corporate Action) attain the same rights as the existing shares.
Pari Passu A legal term meaning that all securities within a series have equal rank or claim on earnings and assets. Usually refers to equally ranking issues of a company's preferred shares. Participating Feature ...
Pari passu Equal and even. In terms of shares, this means that newly issued shares have the same rights and restrictions as those of the same class already existing. Part delivery ...
Pari Passu: Literally, "with equal treatment among themselves." A legal term that refers to financial instruments that rank equally in right of payment with each other and with other instruments of the same issuer.
Pari passu Refers to the equal ranking of securities. Parity value Related: Conversion value ...
Pari PassuExpand/Collapse This means 'in equal proportion.' It usually refers to equally ranking issues of a company's preferred shares. Participating FeatureExpand/Collapse ...
Pari passu À égalité. Se dit habituellement de plusieurs émissions d'actions privilégiées d'une société qui prennent rang également les unes par rapport aux autres. Participation directe et indirecte ...
pari passu A term in venture capital term sheets, indicating that one series of equity... Paris Club A term used to describe the point at which a debtor nation meets with creditor nations to renegotiate its official debt.
Pari Passu Ranking equally. For example, in a new issue of shares which carry equal rights with existing shares they are said to rank pari passu....(Read more) Paris Club ...
Subject to these exceptions all debts proved in the bankruptcy must be paid pari passu. Any surplus after payment of 20s. in the pound and interest at the rate of 4% per annum, from the date of the receiving order, is payable to the bankrupt.
See also: Expense, Compensation, Banks, P/E Ratio, Parent company
 
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