bus605-6 final paper | Business & Finance homework help
A term sheet is a non-binding agreement that outlines the major terms of an investment or financing transaction. It serves as a starting point for negotiations between two parties and typically includes information such as the amount of money to be invested, the type of security offered, expected returns, ownership structure and other key details. Its purpose is to provide an initial framework for discussions and allow both sides to get an understanding of what they are agreeing to before entering into a more detailed and binding contract.
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