pro-rata rights
C1CEFR level
65/100Rarity: rare
TechnicalRegister
An investor's contractual right to invest in future rounds to maintain their existing percentage ownership.
The fund exercised its pro-rata rights in the Series C to avoid being diluted below 5%.
Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.
Get words like pro-rata rights on your lock screen, a few a day, with review that makes them stick.
Download on the App Store Lexfall puts a new word on your home and lock screen through widgets, so you learn without opening an app. Free to download. After a free trial, a subscription unlocks every field. Built for iPhone, iOS 15.1 or later.
On a computer?Scan with your iPhone camera.