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).
The third-person point of view is a form of storytelling in which a narrator relates all the action of their work using a third-person pronoun such as he or she. There are two types of third-person point of view. A third-person point of view can be omniscient, in which the narrator knows all of the thoughts and feelings of all of the characters in the story, or it can be limited. If it's limited, the narrator only relates his or her own thoughts, feelings, and knowledge of various situations and other characters.