liquidation preference
Definition 1
In venture capital, the right to receive a specific value for the stock if the business is liquidated.
Definition 2
More generally, the order in which creditors are paid off if the business is liquidated.
In venture capital, the right to receive a specific value for the stock if the business is liquidated.
Definition 2
More generally, the order in which creditors are paid off if the business is liquidated.
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