Impairment allowance and Unicorn: Difference between pages

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''Banking''.  
1.


An amount representing management's best estimate of losses on a portfolio of loans.
A 'unicorn' is a privately owned company valued at US$1 billion or more.


It is the banking equivalent of a bad debt provision for a non-financial organisation.
Examples include Uber (on-demand taxicab and delivery services) and Airbnb (e-commerce / marketplace).
 
 
2.
 
The term 'unicorn' is also used more narrowly to refer to early stage technology companies with valuations of US$1 billion or more, also known as 'tech unicorns'.
 
 
<span style="color:#4B0082">'''''Spotify raises $1bn'''''</span>
 
:"Swedish music streaming company Spotify attracted plaudits from the judges for its approach to managing growth.
 
:During the first half of 2016 [Spotify] closed one of the largest convertibles ever for a tech unicorn, securing a $1bn financing, to support Spotify's growth programme."
 
:''The Treasurer magazine, February 2017 p32 - Deals of the Year.''




== See also ==
== See also ==
* [[Bad debt provision]]
* [[Black swan]]
* [[Impaired loan]]
* [[Convertible bonds]]
* [[Impairment]]
* [[e-commerce]]
* [[Loan]]
* [[Gig economy]]
* [[Private equity]]
* [[Tech unicorn]]
* [[Venture capital]]
 
[[Category:The_business_context]]

Revision as of 21:20, 3 September 2018

1.

A 'unicorn' is a privately owned company valued at US$1 billion or more.

Examples include Uber (on-demand taxicab and delivery services) and Airbnb (e-commerce / marketplace).


2.

The term 'unicorn' is also used more narrowly to refer to early stage technology companies with valuations of US$1 billion or more, also known as 'tech unicorns'.


Spotify raises $1bn

"Swedish music streaming company Spotify attracted plaudits from the judges for its approach to managing growth.
During the first half of 2016 [Spotify] closed one of the largest convertibles ever for a tech unicorn, securing a $1bn financing, to support Spotify's growth programme."
The Treasurer magazine, February 2017 p32 - Deals of the Year.


See also