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).
Church) a religious society of laymen affiliated to one of the religious orders and following a mitigated form of religious rule. third party. n. 1 a person who is involved by chance or only incidentally in a legal proceeding, agreement, or other transaction, esp. one against whom a defendant claims indemnity. adj. 2 (Insurance) providing protection against liability caused by accidental injury or death of other persons or damage to their property. third person.