Glossary

Pivot

To pivot is to change direction. It usually involves adopting a new strategy or testing out a new concept.
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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Weighted Average
A weighted average assigns importance to values before calculating their average. This importance is represented mathematically by multiplying each value by its own predetermined "weight" number.
Retail Market
A retail market is one in which goods or services are sold to consumers for consumption. In the financial world, it means the selling of securities to individual investors rather than institutional investors.
Divestiture
A divestiture occurs when a company disposes of some or all of its assets through a sale, bankruptcy, closure, or exchange. It’s the opposite of an investment.

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