Financial terms

November 19, 2019

Definition of a Fiat money.

Fiat money is any form of currency that is in itself worthless, but because it has the backing of a government is deemed to have value. For example, the paper used to print US dollars is essentially w...

November 19, 2019

Definition of An exit multiple

An exit multiple is one of the most commonly used terms in finance and it refers to the terminal multiple at which any given project will be exited. The most commonly used multiple is E...