Deal Structure

Cash at Close

Money the seller receives on the closing date. Why it matters: This is usually the most certain part of the seller’s proceeds, so it should be compared separately from future or contingent payments.

Related terms

Closing Date

The date the deal is completed. Why it matters: This term affects what must happen at closing, how money moves, and how final obligations are documented.

Closing

The moment when the sale officially happens and ownership transfers. Why it matters: This term affects what must happen at closing, how money moves, and how final obligations are documented.

Seller

The current business owner who wants to sell the business. Why it matters: The seller is not just handing over ownership; they are also proving the business, answering diligence requests, negotiating risk allocation, and often helping with transition.

More from Deal Structure

Asset Sale Cash-Free Debt-Free Contingent Payment Debt-Like Items Earnout Escrow Holdback Majority Sale Membership Interest Sale Minority Rollover Minority Sale Purchase Price Adjustment

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