Business development company definition
Business development company. ’ means any closed-end company which—
Business development company. (BDCs) means a type of closed-end fund regulated under the 1940 Act whose shares are typically listed for trading on a U.S. securities exchange. BDCs are publicly-traded funds that typically invest in and lend to small and medium-sized private and certain public companies that may not have access to public equity markets for capital raising. BDCs invest in such diverse industries as healthcare, chemical and manufacturing, technology and service companies.
Business development company. ’ means any company which is a business development company as defined in section 2(a)(48) of title I of this Act and which complies with section 55 of title I of this Act, except that—
Examples of Business development company in a sentence
The Parent shall promptly notify the Facility Agent, Lead Bank and Lenders upon becoming a Business Development Company.
More Definitions of Business development company
Business development company has the meaning set forth under Section 2(a)(48) of the Investment Company Act.
Business development company means any company which is a business development company as defined in section 80a–2(a)(48) of this title and which complies with section 80a–54 of this title, except that-
Business development company means a company created for the purpose of engaging in any activity authorized by this chapter. A "business development company" created under this chapter is either:
Business development company means a company created for the purpose of engaging in any activity authorized
Business development company means a company created for the
Business development company means a closed-end investment company that has filed an election to be treated as a business development company pursuant to the 1940 Act.
Business development company means a closed-end management investment company registered as such under the Investment Company Act that has elected, pursuant to Section 54 of the Investment Company Act, to be regulated as a business development company thereunder.