- Pari passu
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In law, pari passu means ranking equally and without preference.
- Permitted transfers and permitted transferees
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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.
- Pitch
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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
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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.
- Poll
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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
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A post-money valuation is a business's estimated worth after receiving external funding.
See also:
Pre-money valuation
- Pre-emption rights
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A right of first refusal for existing shareholders on the issue of new shares.
- Pre-seed investment
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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
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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
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A product-market fit means there's a customer need for your product.
- Proxy
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A person who is formally appointed to cast the votes of another shareholder.
