Angel

(redirected from Angeles)
Also found in: Dictionary, Thesaurus, Medical, Legal, Idioms, Encyclopedia, Wikipedia.

Angel

An investment-grade bond. Antithesis to fallen angel. In the context of venture capital, the first investor.

Angel

1. Informal for angel investor, which is a high net worth individual who provides financing to a start-up, either in exchange for convertible debt or equity. Among start-ups, they are thought of as a bridge between loans from family and friends and venture capital, though angels are themselves often personally connected to the business. Angels take on a great deal of risk when they invest in these start-ups; they are also subject to dilution at the start-up's IPO. Therefore, they usually require a high rate of return in exchange for their financing.

2. Informal for investment-grade, which describes a bond with a medium or high rating. Angel bonds are rated Baa3 by Moody's or BBB- by S&P or Fitch. Angel bonds are considered sufficiently low-risk that the law allows banks to invest in them. In addition to being low-risk, they provide a low return, greatly reducing the cost on the issuer. All Treasury and most municipal bonds are angel bonds.
References in periodicals archive ?
As home to the largest port in North America, it's little wonder that Los Angeles County is the leading port of entry for imported goods to the US: for decades, nearly 50% of all imports to America have passed through the adjoining ports of Los Angeles and Long Beach.
The march featured more than 600 coffins to represent more than 600 people killed by Los Angeles law enforcement since 2000.
CREDIT: (https://www.youtube.com/watch?v=q_qY7yuNfeA&list=UUCLZnzHwafL_u_Et1TJxNnw) YouTube /(https://www.youtube.com/channel/UCCLZnzHwafL_u_Et1TJxNnw) NCIS: Los Angeles
- Referencing the NAPO-LA membership in NAPO-Los Angeles and the website, www.napola.org when speaking with the media as well as including NAPO-LA's contact information in articles or books that organizers may author.
CalCPA Education Foundation Officers (2012-13): Thomas FillPeninsula/Silicon Valley), president; Barbara Rosenbaum (Los Angeles), first vice president; Peter lannone (Channel Counties), treasurer; Wendy Richards (Orange County/Long Beach), vice president; and Maryellen Sebold (Los Angeles), past president.
En estas paginas, el lector encontrara una teologia de los angeles fundamentada, rigurosa y equilibrada.
The Los Angeles Airport Police division is the fourth largest law enforcement agency in Los Angeles County and is a division of Los Angeles World Airports, the City department that owns and operates three airports in Southern California.
The announcement came two months after Horizon Air said it would offer nonstop service on one of its two daily flights from Eugene to Los Angeles, starting June 4.
Fried was named an Outstanding Corporate Citizen for his work in creating thousands of homes affordable to low- and middle-income families in greater Los Angeles.
Peter Templeton, vice president of Education & Research for the USGBC, says Los Angeles is an ideal city for the growing event.
Grey Ant has enjoyed being the one to watch, in all the right stores and on all the right backs, with raves in the press and several successful runway shows--in Los Angeles. The one thing missing has been the affirmation of a New York Fashion Week debut.
Los Angeles, an epicenter for urban disaster planning, is building up one of the country's leading municipal "homeland security" operations, but little of this emergency planning and resources is reaching those most likely to be left behind, according to many local organizations and experts.