Private or public offering of securities in groups of more than one security. Most often a share of stock and warrant to purchase some number of shares of stock, but could be two shares of stock, a note and a share of stock, etc. Also used in some cases to refer to the sale of LP and LLC interests, since those interests are composed of more than one right.³

Registered offering that is sold through a consortium of investment banks assembled by one or more lead investment banks.³

An investment banking firm leading the float of a public issue, with the commitment and willingness to take the securities being offered into its own book should the distribution fail. ⁶

Agreement between the Company, the debt holders, and the trustee for the debt holders. Required for registered offerings of debt securities. (See Trust Indenture Act of 1939.)³

Stock issued by a company but later reacquired. It may be held in the company’s treasury indefinitely, reissued to the public, or retired. Treasury stock receives no dividends and does not carry voting power while held by the company.³

The basic principle that money can earn interest; therefore, something that is worth $1 today will be worth more in the future if invested. This is also referred to as future value.³

A non-binding agreement or template that outlines an overview of the terms and conditions between the entrepreneur and investor, which will ultimately be incorporated in the definitive investment agreements between the parties.⁶

An offer to purchase stock made directly to the shareholders. One of the more common ways hostile takeovers are implemented.³

Types of business combinations in which shareholders do not incur tax liabilities. There are four types — A, B, C, and D reorganizations. They differ in various ways in the amount of stock/cash that can be offered.³

A takedown schedule means the timing and size of the capital contributions from the limited partners of a venture fund.³