Gloss: a (venture capital) company’s unspent investment funds.
Part of Speech: n.
Quotation: Then there are the private equity and VCs looking to put some of their “dry powder” to use (which is how nearly every VC I’ve talked to has referred to the unspent amount of their Fund).
Author:
Rags Gupta
Date of Publication:
Aug. 9, 2004
This catchword has yet to be researched.