term sheet

English

Noun

term sheet (plural term sheets)

1. (business, venture capital) A bullet-point document outlining the material terms and conditions of a potential business agreement, establishing the basis for future negotiations between a seller and buyer, or the conditions for financing a startup company.
   • 2006, Rupert Pearce, Simon Barnes, Raising Venture Capital, John Wiley & Sons, →ISBN, page 102:

     Usually, only certain parts of the term sheet will be expressed to be legally binding (see below) but the whole of the term sheet will be morally binding […]

   • 2011, Brad Feld, Jason Mendelson, Venture Deals […] , John Wiley & Sons, →ISBN, page 125:

     Once you've received a term sheet from a VC, you can use this to motivate action from other VCs, but you have to walk a fine line between oversharing and being too secretive.

Translations

The translations below need to be checked and inserted above into the appropriate translation tables. See instructions at Wiktionary:Entry layout § Translations.

Translations to be checked

• Chinese: 投資條件書／投资条件书, 投資條款清單／投资条款清单
• French: rapport d’étape (fr) f

See also

• cap table
• letter of intent

Further reading

• term sheet on Wikipedia.Wikipedia