Second round

Definition:

Stage of venture capital financing following the start-up and first round stages and before the mezzanine level stage.

Investing Essentials


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

Term of the Day

Currency Exchange Risk

Uncertainty about the rate at which revenues or costs denominated in one currency can be converted into another currency.

Subscribe to the Term of the Day via email Get the Term of the Day in your inbox!


Create your free portfolio