- equity ratchet
-
See performance ratchet.
Practical Law Dictionary. Glossary of UK, US and international legal terms. www.practicallaw.com. 2010.
equity ratchet
Look at other dictionaries:
ratchet — A mechanism by which the successful performance of management reflected in growth in the value of a company is rewarded by progressively increasing their share of the equity. Easyform Glossary of Law Terms. UK law terms. ratchet … Law dictionary
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