mezzanine finance
n.— «The group provides what is called mezzanine finance (or mezz in finance industry parlance), a mixture of debt and equity. It earns high interest on the debt part and gets an option on an equity stake which it can cash in when the business is sold on or floated.» —“Demand for Intermediate Capital makes it a buy” Independent (United Kingdom) June 7, 2006. (source: Double-Tongued Dictionary)
Further reading
Quiz Guy John Chaneski pitches a puzzle about the names of minor-league baseball teams. For example, which team’s name might refer either to a type of weather phenomenon or a wooden roller coaster on the Coney Island boardwalk? This is part of a...
Debbie from Memphis, Tennessee, grew up in Arkansas, where she learned the term trade-last, which refers to “a quoted compliment offered in return for the recipient first offering one to the speaker.” Although those from the American South may...