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Glossary of Business Terms

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term sheet
Term sheet is a non-binding agreement setting forth the basic terms and conditions under which an investment will be made. The term sheet is a template that is used to develop more detailed legal documents.
third stage capital
Third Stage Capital is the capital provided to an enterprise that has established commercial production and basic marketing set-up, typically for market expansion, acquisitions, product development, etc.
turnaround
Turnaround is the term used when the poor performance of a company or the business experiences a positive reversal.
 
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