Term Sheet A non-binding agreement outlining the basic terms and conditions for an investment that essentially serves as a foundation document for more detailed legal documents. Home Resources Startup Law Dictionary Term Sheet Return to Glossary Need legal help? Schedule a free consultation with a world-class startup attorney on LawTrades. LET'S CHAT Roy G. Business Attorney Heather N. Business Attorney Jared S. Business Attorney Tell us about your project We'll connect you with a vetted attorney in just a few minutes. Trusted by top companies like :