Legal Dictionary

Term sheet

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Definition
ID: 934
A summary document of key terms that form the basis of negotiations prior to a final agreement.

Category
Business & Corporate Law
Example Sentence
  • Example: In a transaction, the legal team conducts a term sheet to map out the risks.
Synonyms
No synonyms recorded.
Reference Source
  • General reference: corporate law & business contracts
Inter-Term Relations
No relations recorded yet.
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