Phantom stock is a deferred compensation plan that allows plan participants to benefit from a company's share price upside without actually receiving company shares

Refers to the M&A practices of EO companies, e.g., ESOP companies purchasing other companies

Cooperatives are democratic organisations controlled by their members, who actively participate in setting their policies and making decisions. Men and women serving as elected representatives are accountable to the membership. In primary cooperatives members have equal voting rights (one member, one vote) and cooperatives at other levels are also organised in a democratic manner.

The amount of money a company has on hand. Working capital is calculated by subtracting current liabilities from current assets. In other words, your co-op will subtract all of your debts and financial obligations from the value of your cash and assets.

A hedge fund is an LP of private investors whose money is pooled and managed by professional fund managers who use a wide range of strategies to earn above-average investment returns. A hedge fund investment is often considered a risky, alternative investment choice.

Cooperatives provide education and training for their members, elected representatives, managers, and employees so they can contribute effectively to the development of their co-operatives. They inform the general public - particularly young people and opinion leaders - about the nature and benefits of co-operation.

As opposed to proprietary deals, shopped deals are "shopped" out to many competing financial buyers, and are run by investment banks. It provides more leverage for the seller to get the best price.

The time it takes for a selling owner to move from exploration of succession options through a finalized sale.

Employee owned companies which are 100% owned by the employees, whether through an ESOP, EOT or worker co-op.

Cost of capital is a calculation of the minimum return that would be necessary in order to justify undertaking a capital budgeting project, such as building a new factory. It is an evaluation of whether a projected decision can be justified by its cost.

Cooperatives are autonomous, self-help organisations controlled by their members. If they enter into agreements with other organisations, including governments, or raise capital from external sources, they do so on terms that ensure democratic control by their members and maintain their cooperative autonomy.

An assessment of the required non-financial elements in selling a business, e.g., required people/talent, knowledge, partnerships, documentation, communication, etc., required for ongoing business success post-sale. Sometimes called the "people and process" aspect of feasibility.

The reduction of ownership percentage of existing shareholders in a company when new shares are issued by the company

The cost to a business of making the products it sells over a given period of time. The cost of goods sold includes parts and labor expenses, but does not include shipping, advertising, or other indirect costs. COGS is included on a company’s profit & loss/income statement and may be subtracted from revenue when calculating the company’s gross profit margin.

Earnings per share (EPS) is a measure of a company's profitability that indicates how much profit each outstanding share of common stock has earned. It's calculated by dividing the company's net income by the total number of outstanding shares.