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Finance Glossary

Just call us Bond. Amortized bond.

Over 700 finance terms, Shmooped to perfection.

Term Sheet

Definition:

A piece of paper that sets out terms of a deal. Sometimes on a napkin.

Even if on a napkin, it can be legally binding, so stay away from napkins and other pieces of paper unless you're really sure you want the deal and agree to the terms.

Example

I invest $1,000,000.00 in you.com today.

In return, I get:

  • 51% of your company
  • your lungs
  • your liver
  • your soul

Thank you. 

Sincerely,

Mr. Faust