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n
Neutral rate
The theoretical level of the interest rate at which monetary inflation neither accelerates nor slows.
p
Pari passu
Financing clause that grants equal rights to all creditors. The debtor/issuer undertakes to treat all creditors of the same rank equally.
p
Potential growth
The rate of growth of gross domestic product (GDP) that an economy can theoretically achieve by fully utilising its production capacity without creating inflationary pressures.