Assertion: liquidation preference | /r/HasProperty | clause
Facets:
value: in a contract
type: OTHER
Source sentences:
text: A liquidation preference is a clause in a contract that dictates the payout order in case of a corporate liquidation.
text: In this scenario, if seed investors didn’t receive a liquidation preference (which would be the case if they had invested in common stock) they would receive 80 cents on the dollar (i.e. $200K returned vs. their $250K investment).