Why Valuation Experts Should Not Use the Term ‘Nonmarketable’

Business Valuation UpdateVol. 21 No. 9
September 2015
Ronald D. Rudich, CPA/ABV/CFF, MST, MCBA, CVA/ABAR/MAFF CM&AA, CMEA

Summary

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 control or minority interest. Rat ...