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English definition of “Small Business Investment Company”

Small Business Investment Company

noun [C]
 
 
(abbreviation SBIC) FINANCE, GOVERNMENT
in the US, a privately owned investment company that uses its own money and money borrowed from the Small Business Administration to make loans to small businesses: The fund has been licensed as a small business investment company.
(Definition of Small Business Investment Company from the Cambridge Business English Dictionary © Cambridge University Press)
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