DIP Financing Can Help Turn a Company Around Following Bankruptcy
Businesses in financial distress usually find that sources of new funding shrink just when they need it the most. The ability to obtain further advances…
What is Net Orderly Liquidation Value (NOLV)?
Net Orderly Liquidation Value (NOLV) is a term used in finance to refer to the estimated value of an asset in a forced sale or liquidation scenario. It is the value that an asset would draw if it were sold.
The Net Orderly Liquidation Value is typically lower than the fair market value of the asset, as the forced sale process involves a rapid sale with a limited pool of potential buyers. The NOLV calculation considers the costs associated with the sale of the asset, such as the cost of advertising, fees, etc.
Net Orderly Liquidation Value is often used in the context of valuing the collateral of a loan, where a lender may require that the collateral value exceeds the outstanding loan amount.
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OTHER TERMS BEGINNING WITH "N"
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A tariff that contains descriptions and classifications of both commodities and rules for domestic transportation by motor carriers in the United States.
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