See Also: Comfort letter(money)
Tight money or dear money(finance)
comfort(1)(dictionary)
Comfort Air(tourism)
AID AND COMFORT(law)
comfort(2)(dictionary)
comfort 2, verb(dictionary)
Comfort Inn Heathrow(tourism)
comfort 1, noun(dictionary)
cold comfort(dictionary)

Comfort letter (money)


Definition: [crh] A letter from an independent auditor included in a preliminary prospectus stating that, while a full audit has not been undertaken, the auditor has done a 'review' sufficient to assure that finDefinition: ancial statement information in the preliminary prospectus is correctly prepared to the best of the auditor's knowledge. The auditor in effect states that, had a full audit been done, they are comfoDefinition: rtable that the audited financial statements would not be materially different from the ones presented in the preliminary prospectus.