A company must be registered in compliance with Section 54 of the Investment Company Act of 1940 to qualify as a BDC. A major difference between a BDC and a venture capital fund is that BDCs allow smaller, non-accredited investors to invest in startup companies.
English[edit] third-person singular â(plural third-person singulars) (grammar) The form of a verb used (in English and other languages) with singular nouns and with the pronouns he, she, it and one (or their equivalents in other languages).
third - the musical interval between one note and another three notes away from it; a simple harmony written in major thirds musical interval, interval - the difference in pitch between two notes. 5. third - the third from the lowest forward ratio gear in the gear box of a motor vehicle; you shouldn't try to start in third gear third gear auto, automobile, car, motorcar, machine - a motor vehicle with four wheels; usually propelled by an internal combustion engine; he needs a car to get to work