a valuation close to

USAGE SUMMARY

The phrase "a valuation close to" is correct and usable in written English.
It can be used when discussing an estimate or assessment that is nearly equal to a specific value or figure. Example: "The company's assets were assessed at a valuation close to $1 million."

✓ Grammatically correct

News & Media

Formal & Business

Human-verified examples from authoritative sources

Exact Expressions

5 human-written examples

Asked about the reports, Mr. Brufau said, "I can't tell you whether it is Sinopec or another company, but we have had expressions of interest at a valuation close to $18 billion".

The New York Times

The new round gives the company a valuation close to $1 billion, according to Skonnard.

TechCrunch

E-scooter startup Bird raised $200 million from investors in June last year at a valuation close to $2 billion.

Forbes

Dropbox recently completed $250 million of funding at a valuation close to $10 billion according to the Wall Street Journal.

Huffington Post

SAN FRANCISCO (Reuters) - Venture capital firm Kleiner Perkins Caufield & Byer has agreed to invest in fast-growing messaging startup Snapchat at a valuation close to $10 billion, the Wall Street Journal reported on Tuesday, citing people with knowledge of the matter.

Huffington Post

Human-verified similar examples from authoritative sources

Similar Expressions

55 human-written examples

Becker said buying a software company should cost more like a multiple of five times revenue, which would imply a valuation closer to $4.3 billion based on the company's 2010 revenue.

Huffington Post

When Josh spoke to the startup back in June, it had just closed a $34 million series C financing round, which put its valuation close to $500 million and put it on the path to an eventual IPO.

TechCrunch

Pivotal Research Group's Brian Wieser on Monday estimated share price to rise to $1,920, which could put the company's valuation close to $1tn.

The Telegraph

A price range for Snap's IPO leaked late last night, which could settle its valuation close to its previous financing round.

TechCrunch

"A lot of investors have been hiding out" in sectors like utilities and telecommunications that have reputations for paying big dividends, and that has created valuations close to multiyear highs, Mr. Buckingham said.

The New York Times

The company is reportedly aiming for a valuation of close to $100bn – more than the combined value of General Motors and Ford.

The Guardian - Tech

Expert writing Tips

Best practice

When using "a valuation close to", ensure the context clearly defines what is being valued and the basis for the valuation. This helps avoid ambiguity and provides a more precise understanding of the financial assessment.

Common error

Avoid presenting "a valuation close to" as an exact figure. Emphasize its estimated nature by providing a range or mentioning the factors influencing the assessment.

Linguistic Context

The phrase "a valuation close to" functions as a qualifier, modifying a noun (e.g., "company", "assets") to indicate the approximate value or worth, as confirmed by Ludwig's AI.

Expression frequency: Uncommon

Frequent in

News & Media

60%

Formal & Business

40%

Science

0%

Less common in

Academia

0%

Encyclopedias

0%

Wiki

0%

Ludwig's WRAP-UP

In summary, "a valuation close to" is a grammatically correct phrase used to indicate an approximate value, commonly in financial or business contexts. Ludwig AI confirms its proper usage. It is most frequently found in news and media sources and has a neutral to professional tone. When using this phrase, avoid presenting it as an exact figure and provide context for the valuation. Alternatives include "a valuation nearing" or "a valuation approximately". Although not very frequent, it's use is accepted and serves to indicate an estimated value.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

a valuation nearing

Focuses on the process of approaching a specific valuation.

a valuation approximately

Emphasizes the approximate nature of the valuation.

a valuation in the vicinity of

Uses a more formal tone to indicate a nearby valuation.

a valuation in the neighborhood of

Similar to 'vicinity', but slightly more informal.

a valuation just under

Highlights that the valuation is slightly less than a specific number.

a valuation almost at

Indicates that the valuation is on the verge of reaching a particular value.

a valuation not far from

Expresses that the valuation is relatively near a certain value.

a valuation within range of

Suggests that the valuation falls within a specified range.

a valuation approaching

Focuses on the act of getting closer to a valuation.

a valuation estimated around

Indicates that the valuation is an estimation centered on a value.

FAQs

What does "a valuation close to" mean?

It indicates that the estimated value of something is near or approximate to a specific number but not necessarily exact.

How can I use "a valuation close to" in a sentence?

For instance, "The company's assets were assessed at "a valuation close to" $1 million."

What are some alternatives to "a valuation close to"?

You can use phrases like "a valuation nearing", "a valuation approximately", or "a valuation in the vicinity of" depending on the context.

When is it appropriate to use "a valuation close to"?

Use it when you want to convey an approximate value without specifying the exact number, often in financial or business discussions.