What Does Pari-Passu Mean?

In business, contracts you can read very often about Pari-Passu. This strange term looks complicated but it is not. What Does Pari-Passu Mean? Pari-Passu is a Latin phrase that represents the equal...

What is SPV?

What is SPV? A Special Purpose Vehicle (SPV) or Special Purpose Entity (SPE) is a separate company, entitled as a subsidiary, created to separate the financial risks from its parent company. The...

Personal Capital vs. Mint

Finances are an essential part of our lives. And finance software helps keep them on track. The question is, which one works the best for you? Mint or Personal Capital? This question is thrown around...

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