Dry powder: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
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) |
imported>Doug Williamson (Mend link.) |
||
Line 10: | Line 10: | ||
== See also == | == See also == | ||
* [[Near | * [[Near cash]] | ||
* [[Reserves]] | * [[Reserves]] | ||
Revision as of 10:38, 19 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 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.