I have a question about the abbreviations for "enterprise value" and "equity value".
I know that in most textbooks, enterprise value is abbreviated by EV. But when I read EV, I always have that slight doubt whether enterprise value or equity value is meant. Because in both names, both words start by E and V.
Therefore: why are ENterprise Value and EQuity Value not abbreviated by ENV and EQV respectively? This makes undoubtedly clear what the abbreviation stands for.
I know, tens or maybe hundreds of thousands of courses, books and websites would have to be changed, but once and for all, the doubt of tens of thousands who yearly learn about valuation would make place for certainty!
And after the death of the current generation (including me) no one would even talk about it anymore.
I would appreciate your thoughts.