The movement of money into and out of a business over a defined period.
Earn-Out
A future payment that depends on the acquired business achieving agreed performance targets after closing.
Liquidity
In a marketplace, the ability of participants to find suitable counterparties and complete transactions efficiently.
Revenue
The total income generated by a business before operating expenses and other deductions.
Valuation
The process of estimating the economic value of a business, company, ownership stake, or group of assets.
Churn
The rate at which customers, subscribers, or revenue are lost during a defined period.
EBITDA
Earnings before interest, taxes, depreciation, and amortisation, often used to assess the operating performance of larger businesses.
Management Buyout
An acquisition in which the existing management team purchases the company from its current owners.
Risk
Any financial, legal, operational, technical, commercial, or platform-related factor that could reduce future business performance or transaction certainty.
Valuation Multiple
A factor applied to earnings, revenue, or another performance measure to estimate business value.
