Boot-strapped

An agreement for future equity, allowing investors to invest in a company now and receive shares in a future funding round.

An inventory turnover ratio is a calculated measurement of sales of inventory over a given period. It is also known as inventory turns or stock turnover. A business’s inventory turnover ratio reveals the speed at which its entire inventory is sold and replenished.

Preferred stock (or “preferred shares”) is the type of share that gives the holder a higher right to the dividends generated by the company. Those who hold participating preferred stock have an even higher claim to the dividends of a company.