L3VLUP

Fairness Opinion

A formal opinion, typically from an investment bank, stating whether the financial terms of a proposed transaction are fair to shareholders from a financial point of view — often a board-governance requirement in public M&A.

Keep reading

Investment Banking interview prep

Related Investment Banking terms

Go further than reading

The written material is free. These are the ways to get it applied to your own work.

Browse the full glossary — 340 finance recruiting and technical terms, in plain English.