Business Finance Terms, Explained Simply.
Learn more about common financial terms here.
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Transferable value is the portion of enterprise value that would survive if the owner stepped away, the share of what....
Transferability is the degree to which a business can operate, perform, and retain its value after ownership changes, independently of....
The Three Legs of the Stool is the Exit Planning Institute’s framework for a successful exit, representing business readiness, financial....
Transition planning is the operational roadmap for handing over leadership, relationships, and institutional knowledge from the departing owner to whoever....
A term loan advances a fixed amount repaid on a set schedule; revolving credit provides a limit that can be....
Tax planning is the proactive structuring of business and personal affairs to minimize tax owed within the law, the difference....
TOSI is a set of rules that applies the highest personal marginal tax rate to certain income received by family....
Tax deferral is the strategy of delaying when tax becomes payable, allowing money to remain in a corporation or a....
The T2 is the annual corporate income tax return that Canadian corporations must generally file with the CRA, regardless of....
Trust accounting is the strict segregation and tracking of client funds held in trust, a legal and regulatory requirement for....