Glossary

Glossary

Term Book Chapter Definition
Interest Rate Angel Investing: Convertible Notes Chapter 3: Structure of Convertible Notes The rate at which interest is accrued on the debt. This interest is typically paid out in cash or rolled into the principal at conversion.
Interest Rate Venture Finance Chapter 11: Convertible Securities Like a traditional loan, convertible notes often accrue interest (e.g., 5-8% annually) until they convert.