What is a Pledge Fund? A Pledge Fund is a form of private equity investment that allows members to pursue specific investment goals by contributing funds into a particular pool. It is similar to other types of investments except that investors in a pledge fund enjoy the option of providing funds to specific investment deals….
What is Art Valuation? Art valuation is a part of financial valuation that deals with the estimation of the fair market value of works of art. The practice of art valuation combines the techniques of financial valuation with subjective views on the cultural value and significance of a particular artwork. Art valuation is a sophisticated…
What is Net Realizable Value (NRV)? Net realizable value (NRV) is the value for which an asset can be sold, minus the estimated costs of selling or discarding the asset. The NRV is commonly used in the estimation of the value of ending inventory or accounts receivable. The net realizable value is an essential measure in…
Five Advantages of Online Learning vs. Traditional Classes Online learning enables students to take courses on a computer from anywhere in the world. E-learning has given students the freedom and customization options that make online learning a great alternative to the more traditional classroom environment. There is an increasing number of people who take courses…
EBITDA Template This EBITDA template will show you how to calculate EBITDA using the income statement and cash flow statement. Here is a screenshot of the template: Download the Free Template Enter your name and email in the form below and download the free template now! EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and…
Year over Year Analysis (YoY) Template This Year over Year Analysis (YoY) template demonstrates how to perform a YoY analysis using financial data. Below is a preview of the template: Download the Free Template Download CFI’s Excel template to advance your finance knowledge and perform better financial analysis. YoY stands for Year over Year and…
What is a Letter of Intent (LOI)? A Letter of Intent (LOI) is a short non-binding contract that precedes a binding agreement, such as a share purchase agreement or asset purchase agreement (definitive agreements). There are some provisions, however, that are binding such as non-disclosure, exclusivity, and governing law. The main points that are typically…
The Art of Time Management for Better Work-Life Balance Most, if not all, professionals are constantly on the lookout for a healthy work-life balance. This can have different meanings for different people. For some, work-life balance means having flexible working hours, while others may prefer more vacation time for family or personal wellness. It is…
What is an Equity Firm? An equity firm or private equity firm refers to an investment company that utilizes its own funds or capital from other investors for its expansion and startup operations. Equity firms are usually not listed publicly, and their shares are not traded in the stock market. For this reason, equity firms…
