Glossary

Insurance Market

An insurance market simply means the buying and selling of insurance and includes the entities involved in the process as well as customers.
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.

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Nominal Data
Nominal data is defined as information that cannot be measured quantitatively. Instead, this type of data is often used to form groups of categories when analysing data.
Acceleration Clause
A provision that allows for the acceleration of vesting (of shares) or other benefits in the event of specific circumstances, such as a change of control or termination.
Valuation Methods
Valuation methods are the methods for calculating how much a company is worth now or how much it will be worth in the future.

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