Your Gateway to Financial Literacy
What is Junior Equity? Junior equity, also known as subordinated equity or common stock, is a type of ownership that sits at the bottom of a company’s capital structure hierarchy. Its holders are considered last in line to receive distributions from the company when it faces financial distress, such as
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What Is a Business Development Company (BDC) A business development company (BDC) is an investment organization designed to finance and develop small- to medium-sized businesses, as well as distressed companies, through debt and equity financing. Established in 1980 by the U.S. Congress with the aim of promoting economic growth and
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