RECORD DATE Definition

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RECORD DATE, in securities, is the date for determining who is entitled to payment of principal and interest on a security.

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VENTURE CAPITALIST (VC) is a professional equity-based investor. He/She manages one or more venture capital funds looking for suitable high-reward investments. VC investments are normally in riskier start-up or expansion ventures. Being high-risk investors, venture capitalists normally look for a substantially higher rate of return than might be realized in more traditional investments. See ANGEL INVESTOR.

SALES LEDGER see LEDGER.

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