Venture Capital Quizzes-Pari passu financings:

Answer to Quiz

Pari passu financings:

Answer: (a), rank equal to current financings
"Pari passu" is a Latin term meaning "equal in all respects". In finance transactions, pari passu refers to new shares or bonds that have the same rank, liquidation preference and/or privileges as old shares or bonds.

Next Quiz:

Who was the main early venture capital backer in eBay?

(a) VantagePoint Venture Partners
(b) Benchmark Capital
(c) Accel Partners
(d) Sequoia Capital

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Capital Lease

A "capital lease" is a lease obligation that, under applicable accounting practices,...

Capital Lease

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