mezzanine finance
C2CEFR level
82/100Rarity: very rare
TechnicalRegister
A hybrid layer of funding ranking between senior debt and equity, offering higher returns to compensate for its subordinated position.
To bridge the funding gap, the sponsor added a slug of mezzanine finance carrying a fifteen per cent coupon.
Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.
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