Knowledge Capital
Refers to the value to an employer of the on-the-job …
Category: Corporate Governance
Laboratory Notebook
See Inventor’s Notebook
Lake Wobegon Effect
The American writer-broadcaster Garrison Keillor presents the radio show a …
Last-Shot-Rule
See Battle of the Forms.
License Fee
A fee payable in a fixed amount for a license, …
Liquidation Preference, Liquidation Event
A clause common in early round funding, loans to restructure …
Lock-in (corporate)
Refers to a requirement in a buy-out situation for certain …
Lock-Up Period
A period of time after an IPO during which insiders …
Material
In simple terms ‘material’ as an adjective means important. In …
Material Adverse Change
Public company (and other business) acquisitions can take a protracted …