Angels


Also found in: Dictionary, Thesaurus, Medical, Legal, Acronyms, Idioms, Encyclopedia.
Related to Angels: Guardian Angels, archangels

Angels

Individuals providing venture capital.

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 ?
Obviously some angels do minister God's will perfectly, and they become the messengers, guardians, and counselors of Bible fame.
Some entrepreneurs are reluctant to look for angels because they think an angel will take control of the company.
You could get together with some friends and teach them to make angels, and talk about the ideas of peace and understanding.
While she acknowledges that "the modern mind [is] far removed from a worldview where celestial hierarchies of angels mediate between humanity and divinity," she writes that the "most pressing question for most modern scholars remains that of Dee's intentions in the angel conversations" (46).
That is why children and bridges need angels to protect against the possibility of "slipping through the cracks.
Thomas presents the counter-argument, quoting Psalm 90 (91), 11: "He has given his angels charge over you to guard you in all his ways.
The Angels team engineered a strategic investment with international online portal Winepros Ltd.
Chalices, monstrances and papal processional crosses from the Pontifical Sacristy have never been on public display, but they and the other works included in Angels from the Vatican all share a motif in common: the depiction of angels by some of the most inspired artists of all time, truly the invisible made visible.
After a brief intermission, Dee and Kelly resumed their conversation with the crowned angel and the three angels who still held the star.