The recurring revenue expected in a typical month from subscriptions, licences, or contracts, commonly abbreviated as MRR.
Marketing Channel
A source or method used to attract, reach, and acquire customers, such as organic search, paid advertising, email, affiliates, or referrals.
Management Team
The group of people responsible for leading and operating the business.
Management Buyout
An acquisition in which the existing management team purchases the company from its current owners.
Liquidity
In a marketplace, the ability of participants to find suitable counterparties and complete transactions efficiently.
Letter of Intent
A preliminary document outlining the main proposed acquisition terms before the final purchase agreement, commonly abbreviated as LOI.
Key Person Risk
The risk that the business may lose value or performance if an essential founder, employee, contractor, or relationship leaves.
Inventory
Products, materials, packaging, or goods held for sale or use in fulfilling customer orders.
Intellectual Property
Legally protected or owned assets such as source code, trademarks, content, designs, databases, domains, and proprietary processes.
Holdback
A portion of the purchase price retained temporarily after closing to cover agreed claims, adjustments, or obligations.
