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).
Writing in the third person is more formally known as using the third-person objective point of view. The third person point of view in an essay is characterized by the use of personal pronouns such as he, she, they or one rather than I, we or you.