Why Valuation Experts Should Not Use the Term ‘Nonmarketable’
Business Valuation Australia
October 15, 2015
Ronald D. Rudich, CPA/ABV/CFF, MST, MCBA, CVA/ABAR/MAFF CM&AA, CMEA
For the past two years, our firm has not used the term “nonmarketable” as a descriptive for a conclusion of value. We feel it is completely inappropriate to use a negative term when informing clients of the value of their controlling or minority interest. Rather, we use more positive terms that are part of a new paradigm of describing levels of value.