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Investing Glossary:
Velda Sue
Copyright 2009,
Campbell R. Harvey. All Rights Reserved.
Do not reproduce without explicit permission.
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| Term: |
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| Definition: |
| Stands for Venture Enhancement and Loan Development Administration for Smaller Undercapitalized Enterprises. A federal Agency that buys and pools small business loans made by banks, and then issues securities that are bought by large institutional investors.
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