full ratchet

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full ratchet

noun full ratchets

An antidilution approach by which, if a subsequent round of funding would decrease an investor's equity ownership percentage, the investor is given additional shares to maintain the former percentage.

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MLA

"full ratchet." Wiktionary, via Micwyn, micwyn.com/word/full%20ratchet. Accessed 6 Nov. 2026.

APA

full ratchet. (n.d.). In Wiktionary, via Micwyn. Retrieved November 6, 2026, from https://micwyn.com/word/full%20ratchet

Chicago

"full ratchet." Wiktionary, via Micwyn. Accessed November 6, 2026. https://micwyn.com/word/full%20ratchet.

BibTeX

@misc{full_ratchet_2026,
  title = {full ratchet},
  howpublished = {Wiktionary, via Micwyn},
  year = {2026},
  url = {https://micwyn.com/word/full%20ratchet},
  urldate = {2026-11-06}
}