Visual Acuity Tests. Among the first tests performed in a comprehensive eye exam are visual acuity tests that measure the sharpness of your vision. These usually are performed using a projected eye chart to measure your distance visual acuity and a small, hand-held acuity chart to measure your near vision.
United States[edit] A preference in U.S. federal bankruptcy law is a transfer of property by a debtor to its creditor, on account of a pre-existing debt, that is made while the debtor is insolvent and gives the creditor more than it would obtain in a liquidation of the debtor's assets in a bankruptcy proceeding.
A liquidation preference is one of the essential components of preferred stock and is generally considered to be the second most important deal term in a VC investment (the first being the companyâs valuation prior to the investment, commonly referred to as the âpre-money valuationâ or âpreâ).