Business Valuation
/ˈbɪznəs ˌvæljuˈeɪʃən/
Definitions
- (n.) The process of determining the economic value of a business or company for legal, financial, or taxation purposes.
The court ordered a business valuation to determine the fair market value during the divorce proceedings.
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Commentary
Business valuation is critical in various legal contexts including divorce, estate planning, and corporate transactions; clarity in the chosen valuation method can impact legal outcomes.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.