9:17
im distracting myself by schizo-scrolling r/lawschoolamissions and every conceivable data point on this godforsaken website
Warning
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Warning
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LSDefine
Simple English definitions for legal terms
seed money
Read a random definition: standard of need
A quick definition of seed money:
Seed money is the money that someone gives to start a new business. It's like the first bit of money that helps the business get started. It's also called front money or front-end money.
A more thorough explanation:
Seed money is the initial funding that a business venture receives to get started. It is also known as front money or front-end money. This money is used to cover the initial expenses of starting a business, such as product development, market research, and hiring employees.
- A group of friends who want to start a new tech company might pool their resources to provide seed money for the venture.
- A small business owner might use their personal savings as seed money to launch a new product line.
- A non-profit organization might receive seed money from a foundation to start a new program.
These examples illustrate how seed money can come from a variety of sources, including personal savings, investments from friends and family, or grants from organizations. Without seed money, it can be difficult for a new business to get off the ground and attract additional funding.