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Good Banking Glossary

Updated: Sep 12, 2023


An angel investor or angel (also known as a business angel, informal investor, angel funder, private investor, or seed investor) is an affluent individual who provides capital for a business start-up, usually in exchange for convertible debt or ownership equity. (


A situation in which an entrepreneur starts a company with little capital. An individual is said to be bootstrapping when he or she attempts to found and build a company from personal finances or from the operating revenues of the new company. (


A business incubator in business speak is a company that helps new and startup companies to develop by providing services such as management training or office space. (


When used in relation to entrepreneurship, pivot (which generally refers to a shift in strategy, without a change in vision) describes the tortured path that most start-ups go through to find the right customer, value proposition, and positioning. (


A Unicorn denotes a privately-held company whose valuation has exceeded $1 billion. (

VC (Venture Capital)

Money that is provided to seed early-stage, emerging and emerging growth companies. (

Be Good. Good Attracts Good.

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