BDC definition

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” under the Investment Company Act.

Examples of BDC in a sentence

  • The Acquiror has duly elected to be regulated as a BDC, and such election has not been revoked or withdrawn and is in full force and effect.


More Definitions of BDC

BDC means PennantPark Floating Rate Capital Ltd., a Maryland corporation.
BDC means Business Development Corporation of South Carolina.
BDC shall have the meaning as defined in Section 1(a)(2) of this agreement.
BDC means a business development company, as defined in Section 2(a)(48) of the 1940 Act.
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 shall have the meaning set forth in the Recitals.