Cumulative Royalties
A term that most commonly refers to a single company …
Category: Finance
Currency Peg
In international trade, a currency peg usually means a decision …
Dark Fiber, Dark Swap
During the late 1990s telecom boom, very large amounts of …
Data Mining
The process of analyzing accumulated data, particularly data accumulated by …
Data Protection
The European Union, originally through the medium of the Data …
Data Room
A room or facility (which can be virtual) where confidential …
Delaware General Corporation Law
Originally enacted in 1898, the DGCL is one of the …
DGCL
See Delaware General Corporation Law.
Diluted-to-Death, DtD
Slang term for what may happen to an investor in …
Directed Shares
See Friends and Family Shares/Allocation.
Down Round
Issue of shares in a company at a lower subscription …
Drag-Along
Provision in a shareholders’ agreement which enables a percentage of …
DtD, D-to-D
Acronym for Diluted-to-Death. See Anti-Dilution Clause, Dilution, Down Round.
Due Diligence
Originally referred to the level of investigation that professional advisors …
EBITDA
Earnings Before Interest, Taxes, Depreciation and Amortization. EBITDA is considered …