One that makes financial investments in a business enterprise but does not participate in its management.business partner who provides capital but does not actively participate in the management of operations.
full story >>
However, as the IPO market began to lose steam, companies looked for alternative sources of financing.
Continue reading >>KYC (Know your Client): In some cases, this form will substitute for the client information sheet. Just like the CIS, it requests contact details and other related information.
Continue reading >>JV (Joint Venture): An agreement between two entities outlining compensation, fees, and the obligations of both parties in relation to a specific business venture. This is the most common legal structure for private placement programs.
Continue reading >>A colloquial term for a high-yield or non-investment grade bond. Junk bonds are fixed-income instruments that carry a rating of 'BB' or lower by Standard & Poor's, or 'Ba' or below by Moody's. Junk bonds are so called because of their higher default risk
Continue reading >>Joker Broker: Term used to describe inexperienced private placement brokers who do nothing but waste your time.
Continue reading >>
