Business Plan

Bussiness plan is a document prepared by a company's management, detailing in figures the past, present, and future of the company, regarding normally a period of three years forward, usually designed to control the on going result and to attract capital investment and investors.

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Project Financing

Bond sold to finance a project whose revenues will be used to pay off the interest and principal on that bond. Such bonds are generally issued by municipalities, who use the proceeds to finance various kinds of development projects.

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Acquisition Company

Acquiring control of a corporation, called a target, by stock purchase or exchange, either hostile or friendly, also called takeover. Any acquisition is prepared by an accurate and deep study of the target company.

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Valutation Company

"The process of determining the value of an asset or company. There are many techniques for valuation, and it is often partially objective and partially subjective. The main methods in practice are price/earnings ratio, cash flow discount model, fundamental analysis. The price/EBITDA ratio is the most common measure and is equal to a stock's market capitalization divided by its earning before interests, tax, depreciation and amortization. The cash flow discount model seeks to estimate the current value of all future generated cash parameters

-------------------------------------------------------------------------------------------------Audit Company

Audit is an examination and verification of a company's financial statements and accounting records and supporting documents by a professional, such as a Certified Public Accountant. The audit report is compulsory for any listed company e for many other ones, such as general contractors, daily newspapers editors, companies recieving governmental aids.

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Appraisal

Appraisal is a professional opinion, usually written, of the market value of a property, such as a piece of real estate, on going concern, or other asset whose market price is not easily determined. Usually required when a property is sold, taxed, insured, or financed. The evaluator is a person qualified by education, training, and experience to provide appraisals.