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Down round |
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Down roundRefers to a round of venture capital financing that is raised at a lower firm valuation than the previous round.Down round Similar MatchesWraparoundWraparoundA financing device that permits an existing loan to be refinanced and new money to be advanced at an interest rate between the rate charged on the old loan and the current market interest rate. The creditor combines or "wraps" the remainder of the old loan with the new loan at the intermediate rate. Doha RoundDoha RoundThe round of multilateral trade negotiations begun January 2002 as a result of agreement at the Doha Ministerial. Also called the Doha Development Round. Wrap Around MortgageWrap Around MortgageA second or junior mortgage with a face value of both the amount it secures and the balance due under the first mortgage. The mortgagee under the wrap-around collects a payment based on its face value and then pays the first mortgagee. It is most effective when the first has a lower interest rate than the second, since the mortgagee under the wrap-around gains the difference between the interest rates, or the mortgagor under the wrap-around may obtain a lower rate then if refinancing. RoundRoundSee trade round. Ground rentGround rentRent payable by the owner of a leasehold property to the freehold owner. Further SuggestionsRound turnSecond round round lot Round trip transactions costs Wraparound mortgage Ground rent Uruguay Round Turnaround time All inclusive Trust Deed (wrap around mortgage) Tokyo Round Codes Round trip trade Designated order turnaround system (DOT) Around us Tokyo Round Turnaround Day around order Ground lease Round lot Dillon Round Wraparound mortgage Unpaid ground rent charge Millennium Round round trip Wraparound annuity Super Designated Order Turnaround System |
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