Funding Dictionary

Debt Term

Debt

Cash received that must be repaid over time with interest is called debt. In most cases the debtor – the company or person receiving the cash – has a contract with the lender – the one providing the cash.

Bootstrapping Term

Agile

Agile is a philosophy and/or specific methodology of software development, and product development in general, that promotes incremental development and emphasizes adaptability and collaboration. Agile is relevant to...

Equity Term

Convertible

Sometimes corporate securities are designed to convert from their initial form to another form at a later date under certain conditions. At the early stages (as well as for bridge rounds), a convertible note (aka...

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