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as-converted stake
The ownership percentage a convertible security (like convertible preferred equity) would represent if it were converted into common stock today -- the standard way to compare a convertible position to a plain equity stake.
convertible preferred equity
A form of ownership that normally pays like a bond (fixed terms, priority over common stock if the company is sold or liquidated) but can be converted into regular common stock later, usually at the holder's choice -- combining debt-like safety with equity-like upside.
per capita
A rate divided by population, used to compare places of different sizes fairly. The catch: "per capita" doesn't specify a scale on its own -- one report on this site might show dollars per single resident, another might show a rate per 100,000 residents, because whichever scale keeps the numbers readable for that specific metric gets used. Always check the column header or axis label on the page you're reading for the actual denominator -- don't assume it matches another per-capita figure elsewhere on the site.
strike price
The fixed price a warrant (or option) allows its holder to buy stock at, regardless of where the stock is actually trading later. A warrant only has value once the real stock price rises above the strike price.
warrant
The right (not the obligation) to buy a company's stock later, at a price set today (the "strike price"). Unlike a stock purchase, a warrant costs nothing extra to receive as compensation -- its value comes entirely from the stock rising above the strike price by the time it's used or sold.