Thursday, August 6, 2015

Term of the Day: Love Money

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August 6, 2015
Love Money

Seed money or capital given by family or friends to an entrepreneur to start a business. The decision to lend money and the terms of the agreement are usually based on qualitative factors and the relationship between the two parties, rather than on a formulaic risk analysis.

Investopedia Explains:

Love money is usually given to entrepreneurs who have proved their responsibility to close family and friends over the years...

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