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Glossary of Terms

Set out below is a Glossary of standard transactional terminology for private equity and corporate finance transactions. Use the filter menu if you are looking for a specific term, or to navigate the Glossary alphabetically.

BIMBOA combination of both a management buy-in and a management buy-out. A new management team combines with the existing team, often with the backing of new investors.

BondA debt instrument issued for a period of more than one year with the purpose of raising capital by borrowing. The interest rate and maturity date is often fixed so they are low risk. As a result of this the return is often low.

Bridging loanA form of short-term financing used until longer-term financing can be achieved.

Business angelsIndividuals who provide start up finance for entrepreneurs in return for equity. In addition to cash they can also provide industry knowledge and contacts.