Examlex
To learn to look both ways before crossing the street,children merely need to hear about the consequences of getting hit by a car (instead of having to experience it themselves) .This is an example of ____.
Convertible Debt
A short-term loan that can be turned into equity when future financing is issued.
Convertible Bond
A type of bond issued by a corporation that can be converted into a predetermined number of the company's equity shares at certain times during the bond's life, usually at the discretion of the bondholder.
Revolving Debt
A form of credit that allows the borrower to draw down, repay, and redraw loans repeatedly up to a certain credit limit.
Seed-stage Financing
Early financial investment aimed at supporting the launch and early growth of a startup, often in exchange for equity.
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