Business Development Company
A Business Development Company (BDC) is a form of publicly traded private equity in the United States that invests in small, upcoming businesses. This form of company was created by Congress in 1980 as amendments to the Investment Company Act of 1940. Publicly traded private equity firms may elect regulation as BDCs.
Read more about Business Development Company: Regulation and Tax Structure, Uniqueness of BDCs, Larger BDCs
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