Liquid Asset
What is a Liquid Asset? A liquid asset is cash on hand or an asset other than cash that can be quickly converted into cash at a reasonable price. In other words, a liquid asset can be quickly sold on the market without a significant loss of its value. Generally, liquid assets are traded on...
Asset Valuation
What is Asset Valuation? Asset valuation simply pertains to the process to determine the value of a specific property, including stocks, options, bonds, buildings, machinery, or land, that is conducted usually when a company or asset is to be sold, insured, or taken over. The assets may be categorized into tangible and intangible assets. Valuations...
Liquidity Event
What is a Liquidity Event? A liquidity event is a process by which an investor liquidates their investment position in a private company and exchanges it for cash. The main purpose of a liquidity event is the transfer of an illiquid asset (an investment in a private company) into the most liquid asset – cash....
Negotiable
What Does Negotiable Mean? The term “negotiable” is commonly referred to as the price of a good or security, or any other term or provision in a contract or an agreement, that is not firmly settled between the parties and that can be adjusted. The negotiable price of a good or the negotiable term of...
Notice to Reader Report
What is the Notice to Reader Report? The notice to reader report is a compilation of financial statements using financial data provided by the management. The report is prepared by an external chartered accountant, and it does not provide assurance on the correctness of the financial statements. The notice means that the prepared financial statements...
