Definition
Investor right to get paid first in an exit, usually a multiple of investment.
Examples
A 1x liquidation preference is standard in many deals.
Origin
Modern business/startup term; used as practical shorthand in product, growth, and investing.
Use it in Nautis
Track liquidation preference alongside everything else in your startup.
Nautis brings planning, fundraising, finance, and operations into one AI-native workspace — so concepts like liquidation preference stop being spreadsheet trivia and start showing up where decisions get made.