风险投资常用术语英英解释.pdf

风险投资常用术语英英解释 - A - A Round : A financing event whereby venture capitalists invest in a company that was previously financed by founders and/or angels. The A is from Series A Preferred stock. See B round. Accredited Investor: Defined by Rule 501 of Regulation D, an individual （i.e. non-corporate ） accredited investor is either a natural person who has individual net worth, or joint net worth with the persons spouse, that exceeds $1 million at the time of the purchase OR a natural person with income exceeding $200,000 in each of the two most recent years or joint income with a spouse exceeding $300,000 for those years and a reasonable expectation of the same income level in the current year. For the complete definition of accredited investor, see the SEC website. Accrued Interest: The interest due on preferred stock or a bond since the last interest payment was made. Acquisition: The process of gaining control, possession or ownership of a private portfolio company by an operating company or conglomerate. ACRS: Accelerated Cost Recovery System. The IRS approved method of calculating depreciation expense for tax purposes. Also known as Accelerated Depreciation. Adjustment Condition: An adjustment condition occurs if the company does not close on an equity investment in the company for a minimum of $xxx, net of brokerage fees, on or before a series of other predetermined events, i.e. delivery of term sheet to preferred stockholders. ADR: American Depositary Receipt （ADRs ）. A security issued by a U.S. bank in place of the foreign shares held in trust by that bank, thereby facilitating the trading of foreign shares in U.S. markets. Advisory Board: A group of external advisors to a private equity g