BDC means a business development company under the Act.6
BDC means a business development company under the Act. Section 2(a)(48) defines a BDC to be any closed-end investment company that operates for the purpose of making investments in securities described in Section 55(a)(1) through 55(a)(3) and makes available significant managerial assistance with respect to the issuers of such securities.
BDC means a business development company as defined in Section 2(a)(48) of the Investment Company Act.
Examples of BDC in a sentence
The Trustees shall have power with respect to the Company to manage, conduct, operate and carry on the business of a BDC.
The purpose of the Trust is to conduct, operate and carry on the business of a BDC within the meaning of the 1940 Act (as defined below).
The Trustees shall have power with respect to the Trust to manage, conduct, operate and carry on the business of a BDC.
More Definitions of BDC
BDC means Business Development Corporation of South Carolina.
BDC means PennantPark Floating Rate Capital Ltd., a Maryland corporation.
BDC shall have the meaning as defined in Section 1(a)(2) of this agreement.
BDC has the meaning set forth in Section 2(a)(48) of the Investment Company Act.
BDC. New Mountain Finance Corporation, a Delaware corporation that has elected to be regulated as a business development company under the 1940 Act.
BDC means a “business development company” under the Investment Company Act.
BDC shall have the meaning set forth in the Recitals.