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mezzanine funding
mez·za·nine fund·ing


noun 
Definition:
 
money to support a business launch: capital raised to enable a business to make an initial public offering, consisting of high-yield loans rather than bank loans or equity
[Because it provides interim financing]
Encarta® World English Dictionary [North American Edition] © & (P)2009 Microsoft Corporation. All rights reserved. Developed for Microsoft by Bloomsbury Publishing Plc.
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