Marketing Channel

A source or method used to attract, reach, and acquire customers, such as organic search, paid advertising, email, affiliates, or referrals.

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.