Liquidation Preference

One concept. Four tiers of command. Which do you speak?

Category: Finance

Foundational Lexiconwho gets paid first
Executive Parlancepayment priority
Scholarly Discoursewaterfall rights
Babel ZenithLiquidation Preference
Origin: Venture Capital

Etymology & Meaning

The right to receive proceeds before common shareholders.

In the Boardroom

Understanding why investors get paid before founders in exits.

Begin Your Ascent Master “Liquidation Preference” and 100+ executive concepts. Free executive vocabulary audit — takes 3 minutes.

← Explore the full Executive Glossary