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English idiom

term sheet

Register · Neutral CEFR C1
Post

Figurative meaning

a non-binding summary of the key terms of a proposed investment

Why this phrase?

From 'terms' of a deal: the one-page outline that precedes the binding contracts.

Example

“The founder negotiated the valuation on the term sheet before the lawyers touched it.”

Dictionary details

Component words

Expressions connected by reviewed component words or topic tags.

Source methodology

Meanings, register, CEFR, and examples come from the reviewed dictionary record. Expression notes may describe a reviewed present-day word picture or a background note; they are not presented as verified etymology.

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