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From:
Corporate Finance Institute
(Uncensored)
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Discount for Lack of Marketability (DLOM) - Overview, How It Works
https://corporatefinanceinstitute.com/resources/valuation/discount-for-lack-of-marketability-dlom/
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The discount for lack of marketability (DLOM) is applied to private companies when valuing them. It relates to the company not being publicly traded
