LMI Investment Law and Legal Definition
According to 13 CFR 107.50 [Title 13 -- Business Credit and Assistance Chapter I - Small Business Administration], LMI Investment means a financing of an LMI Enterprise, made after September 30, 1999, in the form of equity securities or debt securities that are junior to all existing or future secured borrowings of the business. The debt securities may be guaranteed and may be secured by the assets of the LMI Enterprise, but the guarantee may not be collateralized or otherwise secured.
Legal Definition list
Related Legal Terms
- Actual Investment
- American Recovery and Reinvestment Act [ARRA]
- Association for Investment Management and Research
- Back-tested Performance Data [Investment]
- Cash Flow Investment
- Cash Investment
- Closed-End Investment Company
- Collective Investment Funds (CIFs)
- Collective Investment Institutions
- Community Reinvestment Act (CRA)
