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valuation adjustment mechanism
fin.
估值调整协议
又称"对赌协议",是投资方与融资方在达成协议时,双方对于未来不确定情况的一种约定。如果约定的条件出现,投资方可以行使一种估值调整协议的权利; 如果约定的条件不出现,则融资方可以行使一种权利。所以,对赌协议实际上就是期权的一种形式
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