Tuesday, 11 August 2009
Financial Terminology
PPM is a term that I have just learned a bit about. It stands for private placement memorandum and refers to a document prepared for investors who are making a private investment in a company as opposed to an investment that you might make in a publicly quoted company. Public investments are considered relatively safe and are regulated, the PPM is a document that is intended to extend a level of security to the entrepreneur and presents the opportunity for the risks for the investor to be plainly laid out.
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