Term Main definition
A person's signature on a document using encrypt technology that enables permanent electronic storage and dependable retrieval of the signature and document.

The stage of development of a company after the formation and the seed stage and before it has customers and is generating revenues.


An arrangement (usually included in a definitive acquisition agreement) under which the seller(s) of a business is(are) entitled to receive addition future payments (of the nature of purchase price consideration) if certain financial performance metrics are achieved at (or as of periods ending at) specified post-closing dates (typical metrics include revenues, net income or EBIT).


A cash-flow based measurement of the operating profitability of a company. This is an acronym for a company's earnings before interest and taxes.


A cash-flow based measurement of the operating profitability of a company. This is an acronym for a company's earnings before interest, taxes, depreciation, and amortization.

Elevator Pitch

A very concise, rehearsed but natural-sounding oral presentation, lasting fifteen to thirty seconds (i.e., the duration of an elevator ride in a low-rise building, which is twice the normal attention span of most adults).

Enterprise Value

An amount equal to the sum of the market values of the common stock and long term debt of a company, minus that company's excess cash.


In the mid 1850's, the word entrepreneur was borrowed from the French word entrepreneur which means "one who undertakes or manages," and the word originated in the 1500's with the Old French word entreprendre which meant to "undertake".

Synonyms - entrepreneurs

A combination of common sense, creativity, innovation, know how, hard work and magnetism being utilized to start and foster a business that ultimately creates exceptional value.

Synonyms - entrepreneurialism
Equity Securities

Securities evidencing the equity ownership a company or business entity.

In the US, "esquire" is mostly used as a title for attorneys.
Event of Default

An event, act, or occurrence that constitutes a default by one party to a definitive agreement and allows the other party to that definitive agreement to exercise specific default remedies under that agreement, such as accelerating the maturity date of an indebtedness or permitting a party to sue for specified damages and/or terminate an agreement.

Exchange Act

This refers to the Securities Exchange Act of 1934, as amended, which regulates the securities markets.

Exclusive Negotiations

See No-Shop.

Exercise Price

The price specified by an option or warrant as the price at which the  option or warrant can be exercised.