The discount for lack of marketability (DLOM) is applied to private companies when valuing them. It relates to the company not being publicly traded| Corporate Finance Institute
The implied rate is an interest rate that expresses the difference between the forward/future rate and the spot rate. It is useful when comparing returns| Corporate Finance Institute
Standardization is the process of creating standards to guide the creation of a good or service based on the consensus of all the relevant| Corporate Finance Institute
LEAPS (Long-Term Equity Anticipation Security) are options for terms that are longer than those of the most common options on equities and indices.| Corporate Finance Institute
A security is a financial instrument, typically any financial asset that can be traded. The nature of what can and can’t be called a security generally depends on| Corporate Finance Institute