Revenue remaining after variable costs directly associated with generating that revenue.
Confidentiality Agreement
A legal agreement intended to protect non-public information shared during the sale process, also called an NDA.
Confidential Information Memorandum
A detailed buyer document describing the business, financial performance, operations, risks, assets, and growth opportunities, often abbreviated as CIM.
Closing Conditions
The specific requirements that must be satisfied before an acquisition can legally complete.
Closing
The point at which the required documents are signed, funds are transferred, and ownership or assets pass to the buyer.
Churn
The rate at which customers, subscribers, or revenue are lost during a defined period.
Cash Flow
The movement of money into and out of a business over a defined period.
Cash at Closing
The portion of the purchase price paid to the seller when the transaction legally completes.
Buyer Qualification
The process of checking a potential buyer’s identity, acquisition criteria, experience, decision-making authority, and financial capacity.
Buyer
The individual, company, investor, or group seeking to acquire an online business or its assets.
