mezzanine finance Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “mezzanine finance” in the English Dictionary

"mezzanine finance" in Business English

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mezzanine financenoun [U]

uk   us   (also mezzanine financing)
FINANCE a ​form of ​lending to ​businesses in which a ​company that is ​borrowingpays a ​higherrate of ​interest than on other ​loans but has ​longer to ​pay back the ​debt, which may also be ​changed into ​shares in the ​company: The 50-50 ​jointventure with Bank of Scotland will ​comprise about 20 ​percentequity and the rest in ​debt and ​mezzaninefinance.
(Definition of mezzanine finance from the Cambridge Business English Dictionary © Cambridge University Press)
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