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 ?
Y si llevamos esta lectura a su maxima radicalidad, podriamos preguntarnos si el devenir catastrofico del mundo no es consecuencia del poder angelical, encabezado en el poder de Metatron, como venganza a Dios Creador, bendito Sea, por haber creado al hombre, olvidando por momentos su tarea de testimoniar su propia naturaleza: y alli encontrariamos la posibilidad de una revuelta angelical que haya traido como consecuencia el silencio o hasta la muerte de Dios.
(23) Estas caracteristicas junto con la piel rosacea, configuran en Casal la imagen de la mujer angelical con todas sus significaciones de trascendencia y espiritualidad.
"Operation of Angelical Investment' in OECD Countries: As Well As an Analysis on the Prospect of "Angelical Investment' in China".
Si consideramos que la propia identidad esta ubicada en medio de estos dos, o en el resultado de su mezcla, el poeta debe diferenciarlos como otros distintos, a fin de poder observarse a si mismo, y, quien sabe, encontrar dentro de si a un angelical tio Coyote (un poco ladronzuelo como el Lazarillo), o a un diablo caballero en armadura (comiendo tropicales anonas).
Villena considers the Aeneid an inspired text, "angelical" as he writes in the preliminary letter, and the purpose of his adaptation is to make the poem accessible (via such mechanisms as divisions into chapters with headings and summaries, including an elaborate punctuation guide that copyists did not follow).
Los cuentos de la montana (1926) de Isaza son vinetas de la vida campesina; en sus relatos recrea personajes y actitudes tipicas del entorno que indirectamente deconstruyen la dualidad entre la mujer mala y la angelical que aparecen en su narrativa.
Puig's fifth novel, Pubis angelical, published in 1979, has not attracted the attention, let alone the critical acclaim, that greeted his earlier works, notably Boquitas pintadas (1969) and El beso de la mujer arana (1976).
His later books include Pubis angelical (1979; "Angelic Pubis") and Maldicion eterna a quien lea estas paginas (1980; Eternal Curse on the Reader of These Pages).
Heartbreak Tango, 1973); Publis Angelical (1979, tr.
First published in 1979, ManuelPuig's Pubis Angelical is an altogether bleaker novel than his better-known Kiss of the Spider Woman.
El mayor reto que yo tenia es que tengo una imagen aranada y angelical, pero tenia que dar otro rollo porque Paula oculta mucho.
Toda una paradoja es el resultado de la lectura de la obra poetica de Arthur Rimbaud: conforme nos conmueve y alumbra el camino, nos rescata y salva, de igual modo nos asusta y condena, nos violenta e inquieta; a la vez que nos incita, nos deja un vacio que es ardiente y feroz, producto de una llama que silenciosa y apaciblemente nos va consumiendo, de frente a la imagen a la vez angelical y grotesca que se proyecta en este espejo concavo que es la vida.