Certified Development Company

Certified Development Company definition - finance
A non-profit corporation that provides small businesses with 10- or 20-year private Small Business Administration (SBA) guaranteed financing. CDCs must meet SBA guidelines. Also called 504 corporation.

Webster's New World Finance and Investment Dictionary Copyright © 2003 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.

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