Business Finance Terms, Explained Simply.

Learn more about common financial terms here.
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What is a Data Room?

A data room is the secure, organized repository of documents and information made available to buyers and their advisors during....

What is a Confidentiality Agreement (NDA)?

A confidentiality agreement, also called a non-disclosure agreement or NDA, is a binding contract that prevents a prospective buyer from....

What is the Difference Between Closing and Post-Closing Adjustments?

Closing adjustments finalize the purchase price at completion based on the actual financial position delivered; post-closing adjustments settle any remaining....

What is Closing and Completion?

Closing is the moment a transaction legally completes, when funds are transferred, documents are executed, and ownership of the business....

What are Clean Financials?

Clean financials are financial statements that are accurate, consistently prepared, free of personal or non-business expenses, and presented in a....

What is the Difference Between an Asset Sale and a Share Sale?

In an asset sale, the buyer purchases specific assets and liabilities of the business; in a share sale, they purchase....

What is the Value Acceleration Methodology?

The Value Acceleration Methodology is the Exit Planning Institute’s structured framework for building business value deliberately over time, aligning the....

What is Transferable Value?

Transferable value is the portion of enterprise value that would survive if the owner stepped away, the share of what....

What is Transferability?

Transferability is the degree to which a business can operate, perform, and retain its value after ownership changes, independently of....

What is the Three Legs of the Stool?

The Three Legs of the Stool is the Exit Planning Institute’s framework for a successful exit, representing business readiness, financial....

What is Systems and Process Documentation?

Systems and process documentation is the written, organized record of how a business operates, the step-by-step processes, decision frameworks, and....

What is Structural Capital?

Structural capital is one of the four intangible capitals in the Value Acceleration framework, measuring the systems, processes, and institutional....