Meaning of full ratchet | Babel Free
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.
This word is part of the CEFR B2 vocabulary — upper intermediate level.