INDUSTRIAL REVENUE BOND Definition

INDUSTRIAL REVENUE BOND (I.R.B.) is a bond issued by local government agencies in favor of corporations.

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EBITDA means Earnings Before Interest, Taxes, Depreciation and Amortization, but after all product / service, sales and overhead (SG&A) costs are accounted for. Sometimes referred to as Operational Cash Flow.

VALUATION is the act or process of determining the value of a business, business ownership interest, security, or intangible asset.

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