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Current Partnering’s comprehensive listing of terms used in business development.

When I use a word,’ Humpty Dumpty said in a rather scornful tone. ‘it means just what I choose it to mean – neither more nor less.’ Lewis Carroll, Through the Looking Glass

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A B C D E F G H I J K L M N O P Q R S T U V W X Y Z 0-9

Adjuvant

An adjuvant (from Latin, adiuvare: to aid) is a pharmacological or immunological agent that modifies the effect of other agents, such as a drug or vaccine, while having few if any direct effects when given by itself. They are often included in vaccines to enhance the recipient’s immune response to a supplied antigen, while keeping [...]

Affiliate

Any business entity that is controlled or under the control of a company.

Audit rights

Rights to access and analyze books and accounts of the other party to an agreement. This right is usually inserted into an agreement to allow the licensor to review the performance and accuracy of the licensees records of product sales and payment such as royalties due from such sales. It is normal to have a [...]

Assignment

Terms under which the agreement may be assigned by one of more of the parties. A general agreement term. It is usual to include a clause that limits the ability of the parties to assign the agreement to other parties in the event of change of control of one or more of the parties. This [...]

Asset-based approach

The value of asset based analysis a business is equal to the sum of its part. That is the theory underlying the asset based approaches to business valuation. In contrast to the income based approaches, which require the valuation professional to make subjective judgments about capitalization or discount rates, the adjusted net book value method [...]

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