# Associate DVM

A term used when buying veterinary practice.

A vet the practice employs but who owns none of it; keeping them carries a multi-vet clinic.

When the seller is the producing vet, the practice can hollow out the day they stop working, so the associates are the asset. Read their contracts for term, notice, and [non-compete](https://searchspheresource.com/glossary/non-compete), and ask what share of revenue each one produces. A practice where the owner is thirty percent of production needs a replacement doctor hired and settled before closing, and hiring one takes months in most markets.

Part of: Buying a Veterinary Practice (https://searchspheresource.com/guides/buying-a-veterinary-practice)

Source: https://searchspheresource.com/guides/buying-a-veterinary-practice/terms/associate-dvm
Not dated: The same editorial definitions as the glossary, inside a trade.

Site index for machines: https://searchspheresource.com/llms.txt
