RESOURCES > GLOSSARY
Toolkit Glossary
An explanation of the terms used across this site.
GLOSSARY
- Academic Founders
- Articles of Association
- Assigned IP
- Bad Leaver
- Board minutes
- Board of Directors
- Business plan
- Cap table
- Collaboration Agreement
- Commercialisation
- Company
- Completion
- Confidential Information
- Confirmatory IP Assignment
- Conflict of Interest / CoI
- Conflict of Interest Management Plan
- Consortium Agreement
- Consultancy Contracts
- Contributor
- Convertible loan
- Copyright
- Creative Commons Licence
- Data Room
- Deferred Shares
- Development Milestone
- Diligent and Reasonable Efforts
- Dilution
- Directors
- Drag Along Rights
- Encumbrances
- Enterprise Investment Scheme (EIS)
- Equity
- Equity Split
- Exclusive
- Exclusivity period
- Export control
- Export control
- Facility Access Agreement
- Field
- Freedom to Operate / FTO
- Fund Group
- Funder
- Funder terms and conditions
- Good Leaver
- Heads of Terms / HoTs
- Improvements
- Incorporation
- Industrial designs
- Intellectual Property / IP
- Intellectual Property Rights / IPR
- Investment
- Investor
- Investor due diligence
- IP due diligence
- Know-how
- Leaver
- Licence Agreement
- Licensee
- Licensor
- Material transfer agreement / MTA
- Net Receipts
- Net Sales Value
- Non-exclusive
- Non-Executive Director / NED
- Non-Founding Academic IP Originators
- Non-sub-licensable
- Option
- Options Pool
- Ordinary Shares
- Originator
- Ownership
- Patent Cost Reimbursement
- Patent family
- Patents
- Plant variety rights
- Post-money Valuation
- Pre-Emption Rights
- Pre-Money Valuation
- Pre-Requisite Conditions
- Prior Art
- Public disclosure
- Research and Development / R&D
- Research Contracts
- Research Excellence Framework / REF
- Researcher
- Researcher IP agreement
- Reserved Right
- Restricted Sectors
- Revenue Share
- Royalty Rate
- s.431 Election
- Seed Enterprise Investment Scheme
- Seed Investment
- Share Incentive Plan
- Share Incentive Pool
- Share Price
- Shareholders Agreement
- Spin Out
- Statutory Registers
- Sub-licensable
- Subscription Agreement
- Tag Along Rights
- Technology Readiness Level / TRL
- Technology Transfer Office / TTO
- Term
- Territory
- Third Party
- Tiered Royalties
- Trade Secrets
- USIT Guide
- Valuation of IP
- Warranties