What is SAFE?
Simple Agreement for Future Equity (Y Combinator, 2013): a deferred equity contract that converts at the next priced round, with no interest or maturity, and is not classified as debt.
Where you will use it: this term comes up in the Entrepreneurial Finance course, and the full course glossary collects every term in one place.
Related terms
From the free Entrepreneurial Finance course by Devon Coombs, CPA, MBA.