A – Boodle Hatfield – Drive.law

A&G Administrative and General expenses. See Undistributed Operating Expenses. ... read more

Accelerator Also called Incubators, a programme that aims to accelerate the growth of start-up companies through mentorship, brokering connections, and providing services and infrastructure (such as office space) for small portions of Equity in par... read more

Adjusted Net Operating Income Net Operating Profit less FF&E Reserves – referred to in the Uniform System as EBITDA less Replacement Reserves. ... read more

ADR Average Daily Rate (see Average Room Rate). ... read more

Aggregators Websites that use feeds from multiple online sources, including OTAs and hotel or travel company websites, to display a wide choice of pricing and sources. Examples include Kayak and Trivago. ... read more

AIM The Alternative Investment Market (AIM) is a stock market operated by the London Stock Exchange designed for younger, high-growth companies. Admitting a company to AIM would be an Exit Event for its investors. ... read more

Angel Investor An investor (often a successful entrepreneur) who invests in early stage companies and who sometimes provides a mentoring role for the company’s Founders. ... read more

Anti-Dilution Adjustment Also called a Ratchet, a mechanism designed to maintain an investor’s percentage shareholding (at no or nominal cost to the investor) if the company issues further shares at a lower price to the one paid by that investor. There are ... read more

Articles A company’s articles of association set out the company’s rules and procedures. The Articles of a UK company are public and can be accessed through the Companies House The Articles represent a binding contract between the com... read more

Asset-Backed Lending Lending to a business that is secured by assets, such as inventory, accounts receivable or other balance sheet assets. A common form of Asset-Backed Lending is Invoice Discounting. ... read more