Startup Glossary

A Purchase Agreement is a legal document outlining the terms and conditions of a purchase of securities, including stock or bonds, by an investor.

A Purchase Commitment is an agreement by a buyer to purchase a specific quantity of a product at a specific price from a seller, often used to secure favorable terms.

A Purchase Order is a commercial document and first official offer issued by a buyer to a seller, indicating types, quantities, and agreed prices for products or services.

Purchasing Power is the value of a currency expressed in terms of the amount of goods or services that one unit of money can buy.

A Push Strategy is a marketing approach where a business attempts to take its products to the customers, typically through distribution channels.

A Put Option is a financial contract giving the owner the right, but not the obligation, to sell a specified amount of an underlying asset at a set price within a specified time.

A Put Right is a clause in an agreement that allows an investor to force the company to repurchase shares or securities at a specified price under certain conditions.