Minority Enterprise Small Business Investment Companies Law and Legal Definition
Minority Enterprise Small Business Investment Companies or MESBIC are government-chartered venture firms. These firms are allowed to invest only in companies that are at least 51 percent owned by members of a minority group or persons. Further, the minority group or persons should be recognized by the rules governing MESBIC to be "economically disadvantaged."
Legal Definition list
- Minority Census Tract
- Minority Business Enterprise
- Minority Business Development Agency
- Minority
- Minor’s Trust
- Minority Enterprise Small Business Investment Companies
- Minority Friendly Shareholders Agreement
- Minority Group [Education]
- Minority Institution
- Minority Interests in Consolidated Subsidiaries
- Minority Opinion
