Definition
A non-binding summary of key deal terms before final contracts.
Examples
The term sheet outlined valuation and liquidation preference.
Origin
Modern business/startup term; used as practical shorthand in product, growth, and investing.
Use it in Nautis
Track term sheet alongside everything else in your startup.
Nautis brings planning, fundraising, finance, and operations into one AI-native workspace — so concepts like term sheet stop being spreadsheet trivia and start showing up where decisions get made.