Glossary of Acronyms

AFF ATP AUM BAPCPA BIPS CAPM DCF DIP EPT E&P E&P EBITDA EMH EPS EV EVA FASB FF FINRA G&D GAAP GADCP GARP GDP GP IFRS IPO IRC IRS

Accounting fudge factor Arbitrage pricing theory Assets under management Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 Basis points Capital asset pricing theory Discounted cash flows Debtor in possession Efficient portfolio theory Exchange and purchase agreement Exploration and production Earnings before interest, income taxes, depreciation and amortization Efficient market theory Earnings per share Enterprise value Economic Value Added Financial Accounting Standards Board Fundamental finance Financial Industry Regulatory Authority Graham, Dodd, and Cottle. Refers to their book Security Analysis: Principles and Technique, 4th Edition (McGraw Hill 1962) Generally Accepted Accounting Principles Growth at dirt-cheap prices Growth at reasonable prices Gross domestic product General partner International Financial Reporting Standards Initial public offering Internal Revenue Code Internal Revenue Service

IRR LBO LP LTM M&A MBO MCT NAV NI NPV NTM OPM OPMI PE PEG PFIC PG PIIGS PITA POR PPM PR REIT ROA ROE ROI RRA SBA SEC SOTT TARP TIA TS YTM

Internal rate of return Leveraged Buyout Limited partner Last twelve months Mergers and acquisitions Management buyout Modern capital theory Net asset value Net income Net present value Next twelve months Other people’s money Outside passive minority investor Price earnings ratio Price earnings to growth ratio Passive foreign investment companies Promoter group Portugal, Ireland, Italy, Greece and Spain Pain in the ass investing Plan of reorganization Private placement memorandum Public relations Real estate investment trust Return on assets Return on equity Return on investment Reserve recognition accounting Small Business Administration Securities and Exchange Commission Something off the top Troubled Asset Relief Program Trust Indenture Act of 1939 Tax shelter Yield to maturity