Pari-Passu
Literally means at an equal rate or pace. The term …
Category: Venture Capital
Parkinson’s Law
See New Headquarters/Office Syndrome, Shiny.
Patent
In principle refers to the governmental grant of a monopoly, …
Patent Ambush/Hold-Up/Stick-Up/Mugging
See Nuisance Suit
Poison Pill
Refers to an array of anti-takeover defenses that a company …
Private Placement
A sale of shares in a company, which is not …
Program Trading
Also known as a trading plan, program selling allows persons …
Prospectus
A formal written offer to sell securities to investors, which …
Pull Strategy
A method or strategy for introducing a product to the …
Push Strategy
A method or strategy for introducing a product to the …
Ratchet
See Anti-Dilution Clause
Ratchet
See Anti-Dilution Clause, Provision
Reciprocal Transaction
Synonym in the Securities Law context for a Round-Trip Transaction
Red Herring
A draft prospectus, which has not been approved by the …
Registration, Securities
The legal process of obtaining permission to sell shares, bonds …