A Pre-Money Valuation is a company’s value before it has received any investment. The pre-money valuation determines how much equity an investor can purchase in the company for its investment.
Prepayment is the payment in full of an obligation before the maturity date of the obligation.
Pro Forma is generally a financial statement or cap table provided to investors that shows the company’s financial structure or capitalization structure if certain assumptions are accepted as true.
A Private Placement is a private sale of securities to a small number of investors. Most sales of securities must be registered with the SEC, but many private placements fall within several exemptions to SEC Rules.
A Pitch Deck is a brief presentation used to provide investors with a quick overview of a business plan.
Paid-In Capital is the aggregate amount of capital received in return for the sale of equity in the company.
A PIK Dividend is a dividend paid in the form of additional stock to a stockholder, usually preferred stock. PIK means payment in kind.
Pebcak, “Problems Emerge Between Chair and Keyboard,” is a sardonic programmer term for what happens when users are too dumb to use software correctly.
Payment in Kind (PIK) securities are securities that distribute dividends in the form of equity or other property rather than cash.
A Patent is an exclusive right granted by a government to manufacture, use, or sell an invention for a certain period of time.