Every term is defined twice: once the way a filing would put it, and once the way somebody would explain it to you across a table. The second one is usually the one that sticks.
Showing 2 terms
A broken business bought on the expectation that it will be repaired.
A success might triple; a failure approaches zero slowly while absorbing more capital each time you average down. Credible ones show operating cash flow improving before profit does.
A written document setting out objectives, allocation, constraints and the rules for changing them.
The climber's turnaround time. Written on a calm Sunday so the version of you reading panicked commentary has an instruction rather than a decision.