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Finance Category

Term

Definition

Acquisition financing Capital provided to fund the purchase of an add... more
Audited financials Financial statements that have been checked and... more
Bridge financing Short-term capital meant to satisfy a business'... more
Capital expenditures Money spent to upgrade, maintain, or acquire fi... more
Carried interest The share of profits the general partners in a ... more
Cash-on-cash Simplified method to determine an investor's re... more
Committed capital Dedicated investment funds pledged by limited p... more
Current ratio Current assets / Current liabilities more
EBITDA Earnings before Interest Taxes Depreciation and... more
Enterprise value (EV) Total value of a company excluding cash. Enter... more
Free cash flow (FCF) Free Cash Flow = EBITDA - Capital Expenditures more
Hockey stick curve Visual description of a company's annual revenu... more
Hurdle rate The minimum IRR that a potential investment nee... more
Internal rate of return (IRR) Measure of an investment's total return when ta... more
Invested capital Amount of a private equity fund that has been c... more
Market cap Total value of a company's public shares in the... more
Mezzanine The "middle" layer of financing that bridges th... more
Net IRR The effective rate of return limited partners r... more
Paid-in capital The portion of a limited partner's total fund c... more
PIPE Also known as Private Investment in Public Equi... more
Preferred return Private equity fund returns that limited partne... more
Secured debt Loans backed by company assets in the case of d... more
Standalone EBITDA A divestiture candidate's profitability after a... more
Subordinated debt Loan financing that is given a lower preference... more
Working capital Short definition is Current assets minus Curren... more
Write down The reduction in value of an asset or investmen... more
Write off The reduction in value of an asset or investmen... more