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Meaning of full ratchet | Babel Free

Noun CEFR B2

Definitions

An antidilution approach by which, if a subsequent round of funding would decrease an investor's equity ownership percentage, the investor is given additional shares to maintain the former percentage.

CEFR level

B2
Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.
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See also

full retard full rhyme full ride full sail full score full screen

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