is on the money

English translation: (to be) perfectly reliable and accurate (usually an estimate of some kind)..

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)

English term or phrase:	(to be) on the money
Selected answer:	(to be) perfectly reliable and accurate (usually an estimate of some kind)..
Entered by:	Anton Baer

18:37 Aug 28, 2006

English language (monolingual) [PRO]
Bus/Financial - Management / merger

English term or phrase: is on the money

As Bassi, Mays, and Trustey all note, the most successful corporate acquirers and private equity companies adopt formal checks and balances to make sure their assessment of a target is on the money. An investment committee, which has no involvement in the day-to-day examination of the proposed acquisition, may be charged with making the final decision. Some acquirers have discovered that a food way of keeping a dispassionate eye on things is to put together a decision-making body of trusted individuals who are less attached to the deal than the deal’s proponents in senior management may be. Going a step further, some companies assign a “red team” to every serious deal prospect. The job of the red team? To play devil’s advocate, and try to kill the deal at every turn.

alen botica (X) KudoZ activity Questions: 150 (none open) (5 closed without grading) Answers: 105
Local time: 12:36

'the assessment is perfectly reliable and accurate'

Explanation:
You've got the meaning I think already...

Selected response from:

Anton Baer
United Kingdom
Local time: 11:36

Grading comment

4 KudoZ points were awarded for this answer

SUMMARY OF ALL EXPLANATIONS PROVIDED

4 +2

'the assessment is perfectly reliable and accurate'

Anton Baer

4 +1

that their assessment is as accurate as it can possibly be

Caryl Swift

3 +1

exactly right

Derek Gill Franßen

Discussion entries: 2

Answers

4 mins confidence:

peer agreement (net): +2

'the assessment is perfectly reliable and accurate'

Explanation:
You've got the meaning I think already...

Anton Baer
United Kingdom
Local time: 11:36
Native speaker of:

English
PRO pts in category: 4

6 mins confidence:

peer agreement (net): +1

exactly right

Explanation:
...as in correct.
:-)

Derek Gill Franßen
Germany
Local time: 12:36
Specializes in field
Native speaker of: English

6 mins confidence:

peer agreement (net): +1

that their assessment is as accurate as it can possibly be

Explanation:
As far as I know, if something is 'on the money', it's spot-on, accurate, right on target - and that's all it means.

Caryl Swift
Poland
Local time: 12:36
Works in field
Native speaker of: English
PRO pts in category: 4

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is on the money

English translation: (to be) perfectly reliable and accurate (usually an estimate of some kind)..

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is on the money

English translation: (to be) perfectly reliable and accurate (usually an estimate of some kind)..

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