{"iri":"https://lexicon.financial/ext/WorkingCapitalPeg","label":"Working Capital Peg","definition":"The agreed normalized level of net working capital the seller must deliver at close, defined in the Purchase Agreement. Computed as a trailing 12-month average to smooth seasonality, with line-by-line definitions of which current-asset and current-liability accounts count. Shortfall vs. peg reduces the purchase price dollar-for-dollar at the post-close true-up; surplus may increase it.","license":"https://spdx.org/licenses/MIT","source":"ext","source_url":"https://lexicon.financial/ext/"}