Glossary

Below you will find a basic guide to the services that we offer:

Word (s)	Description
PRIVATE TREATY (with no precise closing date)	A private treaty sale may well invoice anything from specialist machinery, with only one or two buyers worldwide, through to individual items being disposed of by an ongoing factory where a local sale would produce the best price
TENDER SALE (with a fixed closing date)	This may be when there is a limited or specialist market where the best bid could come form a specialist buyer ahead of the general market buyers. Whatever the method of sale, a carefully laid out strategy and planned proposal is presented to the client.
OPEN MARKET VALUE	An estimate, usually for book purposes, providing the market value of plant and machinery assets as at the day or our inspection.
ESTIMATED REALISATION PRICE (ERP)	Essentially, this is a valuation of what you would get at the future date of sale if you put your plant and machinery assets on sale today, with an appropriate period during which to fully expose those assets to the market.
ESTIMATED RESTRICTED REALISATION PRICE (ERRP)	The amount of money you could expect to achieve in a short time scale if you started marketing and selling your assets today by auction, tender or private treaty. This has replaced what used to be called Forced Sale Value
NON-DISCLOSURE AGREEMENT (NDA)	A non-disclosure agreement (NDA), is a confidentiality agreement or secrecy agreement. It is a legal contract between at least two parties which outlines confidential materials or knowledge the parties wish to share with one another for certain purposes, but wish to restrict from generalized use.
INTELLECTUAL PROPERTY (IP) VALUATION	The intellectual property is an intangible assets, that is, it is intangible as well as it cannot be defined or specified by its physical parameters. It is created by human intellectual or inspirational activity. Therefore, the intellectual property must be defined in some discernible method to be protected by the laws.
INTANGIBLE ASSETS	Intangible assets are defined as those non-monetary assets that cannot be seen, touched or physically measured and which are created through time and/or effort. There are two primary forms of intangibles - legal intangibles (such as trade secrets (e.g., customer lists), copyrights, patents, trademarks, and goodwill) and competitive intangibles (such as knowledge activities (know-how,knowledge), collaboration activities, leverage activities, and structural activities). Legal intangibles generate legal property rights defensible in a court of law. Competitive intangibles, whilst legally non-ownable, directly impact effectiveness, productivity, wastage, and opportunity costs within an organization - and therefore costs, revenues, customer service, satisfaction, market value, and share price. Human capital is the primary source of competitive intangibles for organizations today. Competitive intangibles are the source from which competitive advantage flows, or is destroyed.

Word (s)

Description

PRIVATE TREATY
(with no precise closing date)

A private treaty sale may well invoice anything from specialist machinery, with only one or two buyers worldwide, through to individual items being disposed of by an ongoing factory where a local sale would produce the best price

TENDER SALE
(with a fixed closing date)

This may be when there is a limited or specialist market where the best bid could come form a specialist buyer ahead of the general market buyers. Whatever the method of sale, a carefully laid out strategy and planned proposal is presented to the client.

OPEN MARKET VALUE

An estimate, usually for book purposes, providing the market value of plant and machinery assets as at the day or our inspection.

ESTIMATED REALISATION PRICE (ERP)

Essentially, this is a valuation of what you would get at the future date of sale if you put your plant and machinery assets on sale today, with an appropriate period during which to fully expose those assets to the market.

ESTIMATED RESTRICTED REALISATION PRICE (ERRP)

The amount of money you could expect to achieve in a short time scale if you started marketing and selling your assets today by auction, tender or private treaty. This has replaced what used to be called Forced Sale Value

NON-DISCLOSURE AGREEMENT (NDA)

A non-disclosure agreement (NDA), is a confidentiality agreement or secrecy agreement. It is a legal contract between at least two parties which outlines confidential materials or knowledge the parties wish to share with one another for certain purposes, but wish to restrict from generalized use.

INTELLECTUAL PROPERTY (IP) VALUATION

The intellectual property is an intangible assets, that is, it is intangible as well as it cannot be defined or specified by its physical parameters. It is created by human intellectual or inspirational activity. Therefore, the intellectual property must be defined in some discernible method to be protected by the laws.

INTANGIBLE ASSETS

Intangible assets are defined as those non-monetary assets that cannot be seen, touched or physically measured and which are created through time and/or effort. There are two primary forms of intangibles - legal intangibles (such as trade secrets (e.g., customer lists), copyrights, patents, trademarks, and goodwill) and competitive intangibles (such as knowledge activities (know-how,knowledge), collaboration activities, leverage activities, and structural activities). Legal intangibles generate legal property rights defensible in a court of law. Competitive intangibles, whilst legally non-ownable, directly impact effectiveness, productivity, wastage, and opportunity costs within an organization - and therefore costs, revenues, customer service, satisfaction, market value, and share price. Human capital is the primary source of competitive intangibles for organizations today. Competitive intangibles are the source from which competitive advantage flows, or is destroyed.

These are the types of criteria we work with. If any of them meet your immediate or future requirements, please contact us.