Dilution
The reduction in the percentage of equity owned by a company’s founders and existing shareholders as a result of a new financing round. The new round brings in new shareholders which dilutes the percentage ownership of current shareholders.
Development Capital
Sometimes known as Expansion Capital. See Expansion Capital definition.
Derivative
Financial tool which enables investors to obtain returns from an investment in a market or a particular security without physically purchasing that security. They generally require a small deposit, can usually be bought or sold more quickly than physical securities and are generally much cheaper to transact. Derivatives can be used as a risk management […]
Deferred annuity
A type of annuity that pays an income starting from a future age or date. Deferred annuities can only accept eligible termination payment (ETPs) such as lump sums from superannuation funds.