Debt Glossary

Browse 6 debt terms defined in plain English, from the cultural dictionary of computing.

6 Debt Terms

Bridge Loan
Short-term debt used to extend runway until a larger financing event, sale, or other capital source closes. Bridge loans are often emergency tools rather than...
Convertible Note
A form of startup financing structured as debt that typically converts into equity in a later priced round, often with a valuation cap or discount. It is...
Management Debt
The organizational cost created by delayed staffing decisions, unclear ownership, weak communication, or neglected management work that compounds over time.
Temporary Fix
A fix intended to hold things together for now without claiming to be the final answer. In engineering slang, temporary fixes become dangerous when everyone...
Unlevered
Describing a company, asset, or financial analysis that excludes the effects of debt leverage. In startup and finance discussions, unlevered views are useful...
Venture Debt
Debt financing provided to venture-backed companies, usually to extend runway without a full equity round. Venture debt preserves ownership more than equity...

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