What is Pari Passu
Accepted Answer
May 03, 2023
"Pari passu" translates to "equal footing" or "on an equal basis."
In the investment context, it refers to situations where all investors have equal rights and privileges with respect to the assets and earnings of the company.
In the investment context, it refers to situations where all investors have equal rights and privileges with respect to the assets and earnings of the company.