Semantic difference: “opinion” of value versus “indication” of value and other distinctions

Business Valuation UpdateVol. 10 No. 9
September 2004
Shannon P. Pratt, CFA, ARM, ABAR, FASA, MCBA, CM&AA


I believe that we business appraisers should all get on the same page as to what we are calling the conclusion we reach in a valuation assignment—what we are doing is developing our opinion ...