Gross Merchandise Value

The total value of transactions processed through a marketplace before fees, refunds, and deductions, commonly abbreviated as GMV.

Gross Margin

Revenue remaining after direct costs associated with producing or delivering the product or service.

Founder Dependency

The extent to which revenue, customer relationships, operations, technology, or decision-making rely on the founder.

Exit Strategy

A founder’s planned method for reducing or ending ownership, such as a full sale, partial sale, management buyout, merger, or succession.

Exit Readiness

The degree to which a business is financially, operationally, legally, and technically prepared for a sale.

Exit

A transaction or succession process through which a founder reduces or ends ownership and operational involvement in a business.

Exclusivity

A period during which the seller agrees not to negotiate with other potential buyers.

Escrow

An arrangement in which money or documents are held by a neutral third party until agreed transaction conditions are satisfied.

EBITDA

Earnings before interest, taxes, depreciation, and amortisation, often used to assess the operating performance of larger businesses.