Glossary · Reading the business
In short
A right, but not an obligation, to buy or sell something (like shares or property) at a predetermined price, which has not yet been used. These can represent potential future claims on the business.
When reviewing a business, look for unexercised options in the seller's documentation, especially regarding equity or real estate. These could dilute your ownership or create future liabilities if exercised. Understand their terms and impact on your deal structure.
Defined by DealRoom.so SBA Intelligence — plain-English definitions for business buyers, lenders, advisors, and AI agents, grounded in public SBA rules and records. Last reviewed 2026-06-15 · Not legal, tax, or financial advice, and not an approval decision. Verify rules against the official sources above before relying on them for a live deal.
Pressure-test the numbers before you make an offer
Send us the asking price and the seller's cash flow — we'll show whether the deal services SBA debt and where the add-backs are likely to hold up.
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