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Funding and ownership

Enterprise value

What a whole business is worth to a buyer: its market value plus its debt, minus its cash. Often shortened to EV.

A plain-English explanation, not financial or tax advice. Rules and rates change, so check your own situation. For free, impartial guidance, try MoneyHelper. Disclaimer.

You'll hear it as

The deal values the company at five times revenue on an enterprise value basis.

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