Middle stage

Definition

In context of private equity, the state of a company when it has received one or more rounds of financing and is generating revenue from its product or service. Also known as growth stage.
Midget
A 15 year GNMA bond; similar to a Dwarf.

Investing Essentials

Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University


Term of the Day

Municipal notes
Short-term notes issued by municipalities in anticipation of tax receipts, proceeds from a bond issue, or other revenues.

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