Terms of Service

Noun · Startup & VC

Definitions

  1. The legal terms governing how users may access and use a product or service, including rights, restrictions, and liability limitations. Terms of service matter because product behavior, moderation, and enforcement all sit downstream of them.

    In plain English: The legal rules users agree to when using a product or service.

    Example: "The startup updated its terms of service before opening the API publicly."

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