THIRD PARTY RECOVERY Definition

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THIRD PARTY RECOVERY normally refers to delinquent accounts receivable recovered by a collection agency for a fee.

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MEZZANINE FINANCING usually is a class of investment that is a stage intermediate between venture capital and an initial public offering; or, subordinated debt used in leveraged buyouts (LBOs).

APPRAISAL VALUE is an opinion of a assets fair market value, based on an appraisers knowledge, experience, and analysis of the asset class.

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