Funding Dictionary

Debt Term

Fintech

Fintech is short for Financial Technology (technically it’s a portmanteau). It is a catch-all phrase that includes many technology based companies and products that aspire to disrupt conventional financial services:...

Debt Term

Unsecured loan

An unsecured loan is a type of loan that does not require collateral to secure the loan – that is (for example) with an unsecured bank loan you don’t have to promise to give the bank your house if the loan is not...

Equity Term

Liquidation preference

Liquidation preference is one of the key economic terms of preferred shares from venture capital firms and angel investors. The basic idea is that investors get paid first if the company is sold. Liquidation preference...

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