According to Microsoft, there are 150 million startups in the world, with 50 million new startups launching every year. On average, there are 137,000 startups emerging every day. With competition that high, it is hard for new startups to succeed — and it’s important to know the words behind the stories.

This glossary from TechRepublic Premium will give you a better context to understand the language of startups, venture capitalists, angel investors and incubators.

From the glossary:

MEZZANINE FINANCING

A form of hybrid capital typically used to fund adolescent and mature cash flow positive companies. It is a form of debt financing, but it also includes embedded equity instruments or options. Companies at this level, which are no longer considered startups but have yet to go public, are typically referred to as “mezzanine level” companies.

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