Terms of Service - Discounting Cash Flows
  • Enter your search keyword...

#Terms and Conditions

Please read these terms and conditions carefully before using Our Service.

#Interpretation and Definitions

#Interpretation

The words of which the initial letter is capitalized have meanings defined under the following conditions. The following definitions shall have the same meaning regardless of whether they appear in singular or in plural.

#Definitions

For the purposes of these Terms and Conditions:

  • Affiliate means an entity that controls, is controlled by or is under common control with a party, where "control" means ownership of 50% or more of the shares, equity interest or other securities entitled to vote for election of directors or other managing authority.

  • Country refers to: Delaware, United States

  • Company (referred to as either "the Company", "We", "Us" or "Our" in this Agreement) refers to Discounting Cash Flows Inc., 8 The Green, Dover, DE 19901.

  • Device means any device that can access the Service such as a computer, a cellphone or a digital tablet.

  • Service refers to the Website.

  • Terms and Conditions (also referred as "Terms") mean these Terms and Conditions that form the entire agreement between You and the Company regarding the use of the Service.

  • Third-party Social Media Service means any services or content (including data, information, products or services) provided by a third-party that may be displayed, included or made available by the Service.

  • Website refers to Discounting Cash Flows, accessible from https://discountingcashflows.com/

  • You means the individual accessing or using the Service, or the company, or other legal entity on behalf of which such individual is accessing or using the Service, as applicable.

#Acknowledgment

These are the Terms and Conditions governing the use of this Service and the agreement that operates between You and the Company. These Terms and Conditions set out the rights and obligations of all users regarding the use of the Service.

Your access to and use of the Service is conditioned on Your acceptance of and compliance with these Terms and Conditions. These Terms and Conditions apply to all visitors, users and others who access or use the Service.

By accessing or using the Service You agree to be bound by these Terms and Conditions. If You disagree with any part of these Terms and Conditions then You may not access the Service.

You represent that you are over the age of 18. The Company does not permit those under 18 to use the Service.

Your access to and use of the Service is also conditioned on Your acceptance of and compliance with the Privacy Policy of the Company. Our Privacy Policy describes Our policies and procedures on the collection, use and disclosure of Your personal information when You use the Application or the Website and tells You about Your privacy rights and how the law protects You. Please read Our Privacy Policy carefully before using Our Service.

#Support

The user agrees to report to Us any errors or difficulties discovered and the characteristic conditions and symptoms of such errors and difficulties.

#Use of API

The purpose of the API is to be used within the website or for personal projects and non-commercial applications. A request limit is enforced for each individual API endpoint based on the following user types:

  • Unauthenticated users: A request limit of 250 requests per hour.

  • Authenticated users: A request limit of 500 requests per hour.

  • Essential users: A request limit of 15,000 requests per hour.

  • Ultimate users: A request limit of 1,000 requests per minute.

API Endpoints: * Income Statements (Annual, Quarterly, LTM) * Balance Sheet Statement (Annual, Quarterly) * Cash Flow Statement (Annual, Quarterly, LTM) * Financial Ratios (Annual, Quarterly) * Earnings Call Transcripts * Dividends (Annual, As Reported) * Market Prices (Daily, Annual) * Quote * Profile * Treasury Yields (Daily, Monthly, Annual) * FX * Risk Premium

It is strictly forbidden to sell the data provided by Our API. If you need commercial usage, please purchase a license from our third party (financialmodellingprep).

#Use of Valuation Models

The purpose of the Valuation service is for the user to apply Economic Models to Companies/Stocks and give the User full flexibility in their analysis. The terms "Model" or "Models" are referring to any piece of code or combination of pieces of code that may or may not use Our proprietary Framework.

We reserve the right to make changes to Our proprietary Framework without prior notice or liability only if the change shall not impact existing infrastructure. If the change impacts existing Models, We are required to notify you through email in advance.

#Internal Models

Internal Models or Models developed by Us, which include all Models in Intrinsic Valuation, Multiples Valuation and Risk Analysis should NEVER be sold to other parties and should only be used within the scope of the Website. We reserve the right to delete any Internal Model developed by Us without prior notice or liability.

#Custom Models

Custom Models developed by You, which can be found under 'Your Custom Models,' shall NEVER be sold or disclosed by Us unless We are required to comply with any Legal Authority. We reserve the right to delete any Custom Model developed by You only by notifying you at least in advance.

#Repository Models

Repository Models developed by Our users, which can be found under "Repository", can be sold and shared only by or with the authorization of their creator.

The creator of a Public Model agrees that their Model will be publicly listed on the Repository of Models within Our Website. The creator of a Private Model agrees that their Model will be hidden from the Repository of Models, but it will still be publicly accessible through a private URL.

We reserve the right to delete any Repository Model developed by You by notifying in advance and We reserve the right to delete any Repository Model developed by You without prior notice or liability, if the Repository Model is non-compliant or did not comply with our acceptable conditions of publishing a Repository Model.

#Acceptable Conditions of Publishing a Repository Model

A repository Model can be considered non-compliant if it meets any of the following criteria: - The Model contains malware or any logic that causes harm or is intended to steal information. - The Model contains any of the following: misleading information, slurs, aggressive, abusive, threatening, derogatory, explicit or offensive language or content. - The Model is not in line with Our Read the Docs documentation guidelines.

#Rights to Re-Use Code

You have the right to re-use or copy any piece of code developed by Us in your own Custom and Repository Models, only within the scope of the Website. We reserve the right to re-use or copy any piece of code developed by You and We will not be held liable for any code duplication that may occur in Our Internal Models.

#Code Originating from Outside the Website

You should be very careful when running code that has not been authorized by Us. We will not be held responsible for any damages to hardware or personal data produced by the Code that the User is writing/editing on their machine (code other than the Internal models and Repository Models that have been authorized by Us).

#Data integrity

The data We offer might not be 100% accurate. The data is retrieved from "financialmodellingprep.com" and We will not be held responsible for any invalid data supplied.

#Refund Policy

If you are not satisfied with your current plan within 30 days of the initial purchase, we will issue a FULL refund. If more than 30 days have passed and you purchased a yearly plan, we calculate your refund as follows: Refund = Yearly Plan Cost - (Monthly Plan Cost * FLOOR(Passed Days / 30))

Contact us for a refund:

#Limitation of Liability

The Website shall not be responsible or liable with respect to any subject matter of this agreement or the terms and conditions related thereto under any contract, negligence, strict liability or other theory (a) for loss or inaccuracy of data or cost of procurement of substitute goods, services or technology, or (b) for any indirect, incidental or consequential damages including, but not limited to loss of revenues and loss of profits. The website shall not be responsible for any matter beyond its reasonable control.

#Market Data Disclaimer

Disclaimer: The data contained in this website is not necessarily real-time nor accurate. All derived (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by our third party API www.financialmodellingprep.com, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore, Discounting Cash Flows Inc. doesn't bear any responsibility for any trading losses you might incur as a result of using this data. Discounting Cash Flows Inc. or anyone involved with Discounting Cash Flows Inc. will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Our Service may contain links to third-party web sites or services that are not owned or controlled by the Company.

The Company has no control over, and assumes no responsibility for, the content, privacy policies, or practices of any third party web sites or services. You further acknowledge and agree that the Company shall not be responsible or liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any such content, goods or services available on or through any such web sites or services.

We strongly advise You to read the terms and conditions and privacy policies of any third-party web sites or services that You visit.

#Termination

We may terminate or suspend Your access immediately, without prior notice or liability, for any reason whatsoever, including without limitation if You breach these Terms and Conditions.

Upon termination, Your right to use the Service will cease immediately.

#Limitation of Liability

Notwithstanding any damages that You might incur, the entire liability of the Company and any of its suppliers under any provision of this Terms and Your exclusive remedy for all of the foregoing shall be limited to the amount actually paid by You through the Service or 100 USD if You haven't purchased anything through the Service.

To the maximum extent permitted by applicable law, in no event shall the Company or its suppliers be liable for any special, incidental, indirect, or consequential damages whatsoever (including, but not limited to, damages for loss of profits, loss of data or other information, for business interruption, for personal injury, loss of privacy arising out of or in any way related to the use of or inability to use the Service, third-party software and/or third-party hardware used with the Service, or otherwise in connection with any provision of this Terms), even if the Company or any supplier has been advised of the possibility of such damages and even if the remedy fails of its essential purpose.

Some states do not allow the exclusion of implied warranties or limitation of liability for incidental or consequential damages, which means that some of the above limitations may not apply. In these states, each party's liability will be limited to the greatest extent permitted by law.

#"AS IS" and "AS AVAILABLE" Disclaimer

The Service is provided to You "AS IS" and "AS AVAILABLE" and with all faults and defects without warranty of any kind. To the maximum extent permitted under applicable law, the Company, on its own behalf and on behalf of its Affiliates and its and their respective licensors and service providers, expressly disclaims all warranties, whether express, implied, statutory or otherwise, with respect to the Service, including all implied warranties of merchantability, fitness for a particular purpose, title and non-infringement, and warranties that may arise out of course of dealing, course of performance, usage or trade practice. Without limitation to the foregoing, the Company provides no warranty or undertaking, and makes no representation of any kind that the Service will meet Your requirements, achieve any intended results, be compatible or work with any other software, applications, systems or services, operate without interruption, meet any performance or reliability standards or be error free or that any errors or defects can or will be corrected.

Without limiting the foregoing, neither the Company nor any of the company's provider makes any representation or warranty of any kind, express or implied: (i) as to the operation or availability of the Service, or the information, content, and materials or products included thereon; (ii) that the Service will be uninterrupted or error-free; (iii) as to the accuracy, reliability, or currency of any information or content provided through the Service; or (iv) that the Service, its servers, the content, or e-mails sent from or on behalf of the Company are free of viruses, scripts, trojan horses, worms, malware, timebombs or other harmful components.

Some jurisdictions do not allow the exclusion of certain types of warranties or limitations on applicable statutory rights of a consumer, so some or all of the above exclusions and limitations may not apply to You. But in such a case the exclusions and limitations set forth in this section shall be applied to the greatest extent enforceable under applicable law.

#Governing Law

The laws of the Country, excluding its conflicts of law rules, shall govern this Terms and Your use of the Service. Your use of the Application may also be subject to other local, state, national, or international laws.

#Disputes Resolution

If You have any concern or dispute about the Service, You agree to first try to resolve the dispute informally by contacting the Company.

#For European Union (EU) Users

If You are a European Union consumer, you will benefit from any mandatory provisions of the law of the country in which you are resident in.

You represent and warrant that (i) You are not located in a country that is subject to the United States government embargo, or that has been designated by the United States government as a "terrorist supporting" country, and (ii) You are not listed on any United States government list of prohibited or restricted parties.

#Severability and Waiver

#Severability

If any provision of these Terms is held to be unenforceable or invalid, such provision will be changed and interpreted to accomplish the objectives of such provision to the greatest extent possible under applicable law and the remaining provisions will continue in full force and effect.

#Waiver

Except as provided herein, the failure to exercise a right or to require performance of an obligation under these Terms shall not effect a party's ability to exercise such right or require such performance at any time thereafter nor shall the waiver of a breach constitute a waiver of any subsequent breach.

#Translation Interpretation

These Terms and Conditions may have been translated if We have made them available to You on our Service. You agree that the original English text shall prevail in the case of a dispute.

#Changes to These Terms and Conditions

We reserve the right, at Our sole discretion, to modify or replace these Terms at any time. If a revision is material We will make reasonable efforts to provide at least 30 days' notice prior to any new terms taking effect. What constitutes a material change will be determined at Our sole discretion.

By continuing to access or use Our Service after those revisions become effective, You agree to be bound by the revised terms. If You do not agree to the new terms, in whole or in part, please stop using the website and the Service.

#Contact Us

If you have any questions about these Terms and Conditions, You can contact us:

Last updated: December 03, 2023

discounting cash flows home logo

Discounting Cash Flows

Are you finding our services helpful? Review us on trustpilot logo Trustpilot
Have a question? Contact us

Ready to Leave?

Select "Logout" below if you are ready to end your current session.