3.01: Common terminology in valuators’ reports
As with most professionals, CBV’s happily use terminology that is commonplace in the profession. For other users of valuators’ reports however, much of the terminology can be difficult. The sections that follow explain most of the common terminology that a user will encounter: a basic understanding of the terms could make the difference between a report that is all but meaningless and one that makes sense.
It is possible that you will still come across yet other terms that are difficult to understand. Contact MVI to discuss these.