Angel

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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 ?
26) El matiz angelical se recalca en el poema "Sueno de Gloria.
Pero este angelical Guillermo no ha plagiado jamas, te lo juro lector, el solo escribe basado en mis hallazgos creacionistas.
5) Merrim sees Pubis angelical as the 'ultimate psychological novel' with the unconscious both founded on 'high' Lacanian notions and conceived as a 'low' Grade-B movie.
It is here on the battlefield that she find her daughter, similarly endowed with the miraculous pubis angelical.
Autor, entre otros libros, de Trece cuentos diabolicos y uno angelical, Calendario del poder y Conversacion sobre la fe y la ciencia, junto con Marcelo Gleiser.
Arroyo, who voted against Corona's conviction during his impeachment trial in the Senate, said the newly appointed Chief Justice might mistake her so-called divinely inspired appointment as authority to speak, like the Pope, ex cathedra "because she has angelical status, she crowned herself .
Se llega asi a una cuestion central--a un reconocimiento moral, si se quiere--que ya no debe postergarse: los trabajos de Sanguinetti, y los dias de Sanguinetti que esos trabajos ocupan y muestran, no tienen absolutamente nada de angelical ni de deliberadamente inocente.
Chapter 4 "El ciclo americano; Pubis angelical, Maldicion eternal a quien lea estas paginas y Sangre de amor correspondido" reflect his time abroad in the United States, Mexico and Brasil.
12) Esta intervencion se inicia con Neso quien, segun el mito, rapta a Deyanira; el intertexto cultural asienta caracterizaciones generales de lo femenino que se resemantiza, ademas, conjugando las imagenes finiseculares de femme angelical ("claridad de estrella") y femme fatal (introducida con imagenes olfativas que remiten a la pulsion sexual, a lo animal: "Mi espalda aun guarda el dulce perfume de la bella"; "
Fortuna has been impressive in the top of the draw, while Angelical Girl really caught the eye second time up the field yesterday.
The show opened with a children's chorus from Mill Valley and featured the angelical voice of Holly Stell.