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Copyright © 2012, Campbell R. Harvey. All Rights Reserved.
A situation in which a start-up receives funding in small amounts over a long period of time. This differs from an IPO or some venture capital investments, which tend to be large, one-time-only capital infusions. This tends to be a lower risk arrangement for those providing capital to the start-up, because if it fails in the meantime, no further capital infusions will be required.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved