Topical Terminology  

       

Topical Terminology > Tag-along Rights



1 Definition

Tag-along Rights

For Tag-along Rights we have a term and definition in Accounting.



Tag-along Rights (Accounting)

is a contractual obligation used to protect a minority shareholder (usually in a venture capital deal). Basicallyif a majority shareholder sells their stakethen the minority shareholder has the right to join the transaction and sell their minority stake in the company. Also referred to as co-sale rights.




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