Meaning

1 senses
  1. An antidilution approach by which, if a subsequent round of funding would decrease an investor's equity ownership percentage, the investor is given additional shares to maintain the former percentage.

Forms

plural: full ratchets
Singularfull ratchet
Pluralfull ratchets

regular

See also

neighbours in the dictionary
full ratchet — meaning, examples, forms, synonyms | Krumeto