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Distributed-Value-To-Paid-In Ratio

A return multiple that is used to assess the investment performance of a private equity fund. It is a ratio...

DVPI

It stands for distributed value to paid in ratio: a return multiple that is used to assess the investment performance...

Big Hairy Audacious Goal

A bold mission statement designed to spur and stimulate progress and achievement such as “being the company no. 1 in...

Bedbug Letter

A notification that is sent by the Securities and Exchange Commission (SEC) to a company to call off its initial...

BHAG

It stands for big hairy audacious goal. It is a bold mission statement designed to spur and stimulate progress and...

Stock Split

A process whereby a company decreases the par or stated value of its common stock and issues a pro rata number of additional shares. It applies...

Subscription Period

The period of time during which investors can commit to purchase shares of a security to be issued an initial public...

All Or None

An initial public offering (IPO) agreement that can be nullified by the lead underwriter if all of the shares are not subscribed. In...

AON

An abbreviation for all or none; an initial public offering (IPO) agreement that can be nullified by the lead underwriter if all of the shares...

New Issue

A term synonymous with initial public offering (IPO); a process by which a company's security is offered for sale to...