Right of First Refusal

Recurring Revenue

Revenue that is predictable, stable, and often subscription-based, and can be counted on in the future with a high degree of certainty. See Also Repeat customer. Example Examples of recurring...

Repeat Customer

Customers who are not contractually committed to a business, but who still frequent it. See Also Recurring revenue. Example Examples of repeat customers include customers for restaurants or other retail...

Representations and Warranties / Reps & warranties

Statements and guarantees by a seller of a business relating to the assets, liabilities, and contacts of the business sold. See Also Purchase agreement. Tips Representations are statements of fact...

Return on Investment (ROI)

The return on an investment calculated as a percentage of the original investment. See Also Cash-on-cash return, internal rate of return. Example If the investment is $1 million and the...

Right of First Offer

A contractual obligation by the owner of an asset to negotiate the sale of an asset with the rights holder before offering the asset for sale to third parties. See...