{"id":538,"date":"2022-10-04T09:55:55","date_gmt":"2022-10-04T09:55:55","guid":{"rendered":"https:\/\/webfastsg.com\/offshore\/?post_type=encyclopedia&#038;p=538"},"modified":"2022-10-04T09:55:55","modified_gmt":"2022-10-04T09:55:55","slug":"pari-passu","status":"publish","type":"encyclopedia","link":"https:\/\/webfastsg.com\/offshore\/encyclopedia\/pari-passu\/","title":{"rendered":"Pari Passu"},"content":{"rendered":"<p><span data-sheets-value='{\"1\":2,\"2\":\"Pari passu is a Latin phrase meaning \\\"equal footing\\\" or \\\"equal step\\\". It is used in a variety of contexts, including business, law, and politics. In business, it is often used to describe the relationship between two or more entities, such as partners or shareholders. In law, it is used to describe the principle of equality among parties to a contract or agreement.\"}' data-sheets-userformat='{\"2\":769,\"3\":{\"1\":0},\"11\":4,\"12\":0}'>Pari passu is a Latin phrase meaning &ldquo;equal footing&rdquo; or &ldquo;equal step&rdquo;. It is used in a variety of contexts, including business, law, and politics. In business, it is often used to describe the relationship between two or more entities, such as partners or <a href=\"https:\/\/webfastsg.com\/offshore\/encyclopedia\/shareholder\/\" target=\"_self\" title=\"A shareholder is an individual or institution that owns shares in a company. Shareholders are typically entitled to vote on matters of corporate governance, receive dividends, and participate in the sale or liquidation of the company. While shareholders may benefit from the growth of the company, they also bear the risk of loss if the&hellip;\" class=\"encyclopedia\">shareholder<\/a>s. In law, it is used to describe the principle of equality among parties to a contract or agreement.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Pari passu is a Latin phrase meaning &#8220;equal footing&#8221; or &#8220;equal step&#8221;. It is used in a variety of contexts, including business, law, and politics. In business, it is often used to describe the relationship between two or more entities, such as partners or shareholders. In law, it is used to describe the principle of &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"https:\/\/webfastsg.com\/offshore\/encyclopedia\/pari-passu\/\"> <span class=\"screen-reader-text\">Pari Passu<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":3,"template":"","meta":{"site-sidebar-layout":"default","site-content-layout":"default","ast-global-header-display":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":""},"encyclopedia-tag":[],"_links":{"self":[{"href":"https:\/\/webfastsg.com\/offshore\/wp-json\/wp\/v2\/encyclopedia\/538"}],"collection":[{"href":"https:\/\/webfastsg.com\/offshore\/wp-json\/wp\/v2\/encyclopedia"}],"about":[{"href":"https:\/\/webfastsg.com\/offshore\/wp-json\/wp\/v2\/types\/encyclopedia"}],"author":[{"embeddable":true,"href":"https:\/\/webfastsg.com\/offshore\/wp-json\/wp\/v2\/users\/3"}],"wp:attachment":[{"href":"https:\/\/webfastsg.com\/offshore\/wp-json\/wp\/v2\/media?parent=538"}],"wp:term":[{"taxonomy":"encyclopedia-tag","embeddable":true,"href":"https:\/\/webfastsg.com\/offshore\/wp-json\/wp\/v2\/encyclopedia-tag?post=538"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}