The premier source of transactional advice in the south east
Banner 1

Glossary of Terms

Set out below is a Glossary of standard transactional terminology for private equity and corporate finance transactions. Use the filter menu if you are looking for a specific term, or to navigate the Glossary alphabetically.

EBITEarnings Before Interest and Tax

EBITDAEarnings before interest, tax, depreciation and amortisation. An indicator of a company's profitability that is watched by investors.

Entrepreneurs' reliefEntrepreneurs' Relief allows individuals to claim relief on qualifying gains, up to a maximum lifetime limit, made on the disposal of: - All or part of a business - The assets of a business after it has ceased - Shares in a company

Equity financingFinancing business operations by selling share capital in the company as opposed to taking on debt. The shareholders may be entitled to dividends. This is higher risk than lending and consequently the returns are usually greater.

EVEnterprise value