mezzanine financing

mezzanine financing definition - business

mezzanine financing

High-yield debt, often issued in connection with a leveraged buyout. Mezzanine real estate loans generally offer relatively high interest rates and the likelihood of eventual ownership of the properties if borrowers are unable to make required loan payments.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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