down round
A round of venture capital financing in which the valuation of the company is less than in the previous round of venture capital investment.

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

Look at other dictionaries:

  • Down Round — A round of financing where investors purchase stock from a company at a lower valuation than the valuation placed upon the company by earlier investors. Down rounds cause dilution of ownership for existing investors. This often means the company… …   Investment dictionary

  • down round — Refers to a round of venture capital financing that is raised at a lower firm valuation than the previous round. Bloomberg Financial Dictionary …   Financial and business terms

  • down round investment — USA A venture capital or other minority investment in which a new investor values the company at a lower valuation than investors in previous investment rounds. A down round investment results in: • A new investor paying a lower price per share… …   Law dictionary

  • round — round1 W2S2 [raund] adv, prep especially BrE also around 1.) surrounding or on all sides of something or someone ▪ We sat round the table playing cards. ▪ Gather round! I have an important announcement to make. ▪ He put his arm gently round her… …   Dictionary of contemporary English

  • round — ▪ I. round round 1 [raʊnd] adjective 1. a round number or sum is a whole number, often ending in 0: • Let s make it a round £50 I owe you. 2. in round figures when an amount is not expressed as an exact number, but as the nearest 10, 100, 1,000… …   Financial and business terms

  • round sth down — UK US round sth down/up Phrasal Verb with round({{}}/raʊnd/ verb ► to reduce or increase a number to the nearest 1, 10, 100, etc.: »The figures were rounded down. round sth down/up to sth »The refund of $18.50 has been rounded up to $20 …   Financial and business terms

  • round sth down/up — UK US round sth down/up Phrasal Verb with round({{}}/raʊnd/ verb ► to reduce or increase a number to the nearest 1, 10, 100, etc.: »The figures were rounded down. round sth down/up to sth »The refund of $18.50 has been rounded up to $20 …   Financial and business terms

  • round sth up — UK US round sth down/up Phrasal Verb with round({{}}/raʊnd/ verb ► to reduce or increase a number to the nearest 1, 10, 100, etc.: »The figures were rounded down. round sth down/up to sth »The refund of $18.50 has been rounded up to $20 …   Financial and business terms

  • round — I UK [raʊnd] / US adverb, preposition British *** Summary: Round can be used in the following ways: as a preposition (followed by a noun): We travelled round the country. as an adverb (without a following noun): She turned round and ran back to… …   English dictionary

  • round*/*/*/ — [raʊnd] adv, preposition British I 1) in circles moving in a circular way The children were dancing round in a circle.[/ex] The bird flew round and round the room, unable to escape.[/ex] 2) in or to many places in or to many different parts or… …   Dictionary for writing and speaking English

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