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.

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.