Value of equity in a leveraged transaction, serving as protection for debt holders against losses.
Can be considered either in absolute/monetary terms, or as a percentage (Equity as a % of total Enterprise Value).
See also: Loan-to-Value (LTV).
Our glossary of private capital terms
Value of equity in a leveraged transaction, serving as protection for debt holders against losses.
Can be considered either in absolute/monetary terms, or as a percentage (Equity as a % of total Enterprise Value).
See also: Loan-to-Value (LTV).