Created by: kirb
Number of Blossarys: 2
English (EN) The failure of a company to satisfy its contractual agreements and covenants in loan agreements and mezzanine securities documents. Common events of default include failure to pay principal, ...
A fund that reinvests its profits in order to ensure the availability of capital for future investments.
The price that must be paid by a security holder in order to convert a convertible security. The exercise price is also referred to as the strike price. If an option holder's exercise price is $.50, ...
The process by which the holder of a security in a private company achieves liquidity. Unlike public companies, private companies have no trading market for the resale of securities. The normal exit ...
The stage of a company characterized by a complete management team and a substantial increase in revenues.
A letter issued by an investment bank that charges a fee to assess the fairness of a negotiated price for a merger or acquisition.
The cash price that a willing buyer will pay to a willing seller for an asset. The fair market value of a company generally assumes the value of the company as an ongoing business. The fair market ...
