Dry powder: Difference between revisions
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imported>Doug Williamson (Create page. Sources: Business dictionary http://www.businessdictionary.com/definition/dry-powder.html & Divestopedia https://www.divestopedia.com/definition/6034/dry-powder) |
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2. ''Mergers & acquisitions (M&A)''. | 2. ''Mergers & acquisitions (M&A)''. | ||
In context of M&A, dry powder means the amount of capital that is available to financial or strategic buyers for investment in strategic acquisitions, portfolio companies or add-on acquisitions. | In the context of M&A, dry powder means the amount of capital that is available to financial or strategic buyers for investment in strategic acquisitions, portfolio companies or add-on acquisitions. | ||
The term originates from the historical use of gunpowder in the military. | |||
A reserve of dry gunpowder was essential to firing weapons. | |||
== See also == | == See also == | ||
* [[Near | * [[Near cash]] | ||
* [[Reserves]] | * [[Reserves]] | ||
Latest revision as of 08:27, 24 July 2019
1.
Dry powder means cash or near-cash kept on hand by an organisation to meet future financial obligations or other expenditure.
2. Mergers & acquisitions (M&A).
In the context of M&A, dry powder means the amount of capital that is available to financial or strategic buyers for investment in strategic acquisitions, portfolio companies or add-on acquisitions.
The term originates from the historical use of gunpowder in the military.
A reserve of dry gunpowder was essential to firing weapons.
