Infinite Banking
Infinite banking is a concept created in the 1980s by the late economist R. Nelson Nash that centers around individuals becoming their bankers. Infinite banking proposes that individuals can exert greater control of their finances by creating and managing their banking functions.
This glossary provides an overview of some key legal terms for startups. It's essential to consult with a legal professional to ensure a comprehensive understanding of these terms and their implications for your specific situation.