# Subscription agreement

The document an investor signs to buy into the fund at agreed terms.

It is the line between an intention and money: until it is signed there is nothing to enforce and nothing to show a lender or a seller as evidence the equity exists. [Searchers](https://searchspheresource.com/glossary/searcher) underestimate the gap between a yes on a call and a countersigned document, and the gap is where a schedule slips.

In numbers: An investor agrees to $150,000 in March and signs in May. The nine weeks in between are not a formality; they are nine weeks the searcher cannot commit that money to a deal.

Source: https://searchspheresource.com/glossary/subscription-agreement
Not dated: A definition is editorial: what a term means, why it matters, and an example. None of it reads a source that can go stale, so there is no date to take and a stamped one would be the build time wearing a costume.

Site index for machines: https://searchspheresource.com/llms.txt