quasi-equity

Definition

A category of debt taken on by a company that has some traits of equity, such as having flexible repayment options or being unsecured. Examples of quasi-equity include mezzanine debt and subordinated debt.

Use quasi-equity in a sentence

You should always be looking for any quasi-equity that you can get a good price on and may pay off well.

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I had to figure out this whole quasi-equity thing and I thought that things would be better if I left it to my accountant.

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The quasi-equity was mentioned during the meeting because it was probable that we would convert the equity into cash, but not guaranteed.

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