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The Terminal or Horizon Value Is the Value of a Venture

question 49

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The terminal or horizon value is the value of a venture at the end of its explicit forecast period.


Definitions:

Paresthesias

A sensation of tingling, tickling, pricking, or burning on a person's skin with no apparent physical cause.

Paracelsus

A Swiss physician and alchemist of the late Renaissance period, known for founding the discipline of toxicology and promoting the use of chemicals in medicine.

Victorian Era

A period in British history during the reign of Queen Victoria from 1837 to 1901.

Freud

Sigmund Freud, an Austrian neurologist who founded the discipline of psychoanalysis, focusing on unconscious processes and childhood experiences.

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