- Pari passu
In law, pari passu means ranking equally and without preference.
- Permitted transfers and permitted transferees
Under a company's articles of association, it may be possible for shareholders to transfer shares to close family members and/or family trusts; usually, for tax purposes.
A pitch is a short oral presentation giving potential clients or investors a summary of an business. The pitch aims to provide information on the company and encourage audience interest in its business.
- Pitch deck
A pitch deck is a printed presentation giving potential clients or investors a summary of an entrepreneur's business. The pitch deck aims to provide information on the company and encourage audience interest in its business.
A procedure used at a general meeting of a company under which every voting shareholder has one vote for every share held. This procedure is commonly used where it is not possible to obtain a clear result by voting solely on a show of hands.
- Post money valuation
A post-money valuation is a business's estimated worth after receiving external funding.
- Pre-emption rights
A right of first refusal for existing shareholders on the issue of new shares.
- Pre-seed investment
Pre-seed investment is an investment that's given to a company before it has a product fit for market and any profit.
- Private Equity
Private equity is a financing type where private money - from individuals, or institutions that are investing their clients' money - is invested in a business.
- Product Market Fit
A product-market fit means there's a customer need for your product.
A person who is formally appointed to cast the votes of another shareholder.