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World English Dictionary
Dictionnaire Français
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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