Over 700 finance terms, Shmooped to perfection.
The value of the whole enchilada…er…um…enterprise. That is, "what would it take to replace this thing right now?" Consider your home because that's easier to tackle intellectually as an enterprise. Your parents bought it last week and just paid, say $200,000 as the down payment and then took out a loan for $600,000. The equity value of the home is $200,000 but the enterprise value is $800,000—that's what it would cost to replace that home, more or less. Same applies to companies with debt (or cash).