Knowledge Capital
Refers to the value to an employer of the on-the-job …
Category: Finance
Legacy Software
Obsolescent or old software that companies need to have access-to, …
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 …
MAC Clause
See Material Adverse Change.
Material Adverse Change
Public company (and other business) acquisitions can take a protracted …
Material Misstatement
U.S. securities law term describing false or inaccurate statements, or …
Monetize (Monetise)
This has two meanings. The classic meaning in economics is …