Dictionary of Legal Terms
What is Security (Collateral)?
"Property that has been pledged by a lien or mortgage, thus guaranteeing that the creditor will be paid if the debtor defaults. Security makes the promise to pay more than a personal obligation.
How Do Convertible Notes Work?
A convertible note, or convertible bond, is a type of short-term financial instrument that new companies use to raise early-stage capital.July 31, 2019
SAFEs vs. Convertible Notes: Which is Best for my Business?
Here are the key differences between convertible notes and SAFEs that should be considered by business owners looking to raise capital.July 29, 2019
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