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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.

VendorThe individual or company that is selling shares in a company, or the trade and assets of a company.

Vendor financeThis can be in the form of either deferred loans or shares. This type of finance is often used when the vendor's expectation of the value of the business is higher than that of the management and the supporting institutions.

Venture capitalEquity finance in an unquoted, young company which allows it to start-up, expand or restructure. It is cheaper that bank finance but does involve handing over some control of the company.