Venture Deals · glossary
Several steps treated as one deal, each given in return for the others. If one step fails, none takes effect. The Deed of Exchange was one, so it is measured from its first step to its last. Deed of Exchange, clause 1 · Chapter 15
Explained in Chapter 15, The Exchange, the Reorganisation and the Handover, of Venture Deals.
This makes the deed a composite transaction. Every step depends on every other, so nobody can keep the steps they like and drop the rest. It also tells outsiders to measure the deal as one event, from start to finish.Read Chapter 15, The Exchange, the Reorganisation and the Handover →
Chapter 1 and this glossary are open to everyone; the whole edition is free to read with a free account until 31 January, and it stays open to an account opened by then.Chapter 1 of Venture Deals and this glossary are free to read; the rest of the edition is in the Library, at €12 a month or €79 for a Year Pass.
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This term is part of one complete fictional deal, with every document attached and a test after every chapter. Open Venture Deals → · All terms A–Z →