Glossary of Terms

Earnest Money	Deposit or binder given with Agreement to Buy.
Earnings Multiple	Divide the returns on investment expectations of a buyer into 100. This multiple will change from business by classification to individual businesses Replica Cartier Watches.
Earnout	The portion of the purchase price that is contingent on future performance. It is payable to the sellers only when certain predefined levels of sales or income are achieved in the years after acquisition. Breitling Replica
EBITDA	Earnings Before Interest, Taxes, Depreciation & Amortization. OMEGA Replica
Equity	Value or interest an owner of realty has above ay debt on property; difference between value and mortgage debt.
Escrow	The holding of something of value by a person (escrowee or escrow agent) for the benefit of other parties.
Exclusive Right to Sell	An employment agreement and contract giving the broker the right to receive a commission if the property or business is sold by anyone including the seller during the term of the agreement.
Expense	Anything that a company buys that has an economic life of less than one year. It shows up immediately on the income statement.