Velda Sue

Definition

Short for Venture Enhancement and Loan Development Administration for Smaller Undercapitalized Enterprises. Velda Sue is a federal agency that takes part in purchasing bundles of small business loans from banks and then regrouping them into securities. These securities are later purchased by institutional investors.
Browse Definitions by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
vehicle currency velocity