| 单词 | mezzanine finance |
| 释义 | mezzanine finance 1) Finance, usually provided by specialist financial institutions, that is neither pure equity nor pure debt. It can take many different forms and can be secured or unsecured; it usually earns a higher rate of return than pure debt but less than equity. Conversely, it carries a higher risk than pure debt, although less than equity. It is often used in management buy-outs. 2) A form of finance used by venture capitalists after seed capital has been provided. |
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