Definition from Nolo’s Plain-English Law Dictionary
An affluent individual who invests in small, private companies, usually in exchange for company stock or promissory notes that are convertible into shares of company stock. Angel investors often work closely with the company's management to help with introductions or other advice to make the company more successrul.
Definition provided by Nolo’s Plain-English Law Dictionary.
August 19, 2010, 5:11 pm