Business Pitch Dictionary by pitch.dog
Exits, liquidity & investor returns · Working

Cash-on-cash return

Also called: CoC return

ELI5

Cash received compared with cash put in.

Used in conversation

“The cash-on-cash return excludes unrealised value.”

Definition

Cash distributions received divided by cash invested over a stated period or cumulatively.

Here “Cash-on-cash return” means: Cash distributions received divided by cash invested over a stated period or cumulatively.

Pitch context

You will see “Cash-on-cash return” in fundraising decks, data rooms, term sheets and investor conversations when the discussion reaches exits, liquidity & investor returns.

Why it matters: In exits, liquidity & investor returns, a loose definition can change rights, obligations, approval, disclosure or enforceability.

Caution

Meaning, enforceability and required process vary by jurisdiction and agreement; this definition is not legal advice.

Sources & evidence · 6

Direct term-level sources and supporting source families.