The comprehensive appraisal of a business or its assets, evaluating its liabilities, profitability, cash flow, policies, and compliance, typically conducted prior to a major transaction or stock exchange flotation.
An investor is a party who allocates capital to purchase an asset with the expectation of financial returns. Generally, investors are more diligent and conservative compared to speculators.
A Letter of Intent (LOI) is a document outlining the preliminary commitment of one party to do business with another. The LOI can be used as a means to formalize discussions that may culminate in a final agreement. It includes terms and conditions of the planned transaction.
