small business investment company
small-business investment company. A corporation created under state law to provide long-term equity capital to small businesses, as provided under the Small Business Investment Act and regulated by the Small Business Administration.15 USCA §§ 661 et seq. — Abbr. SBIC. [Cases: Banks and Banking 310; United States 53(8). C.J.S. Banks and Banking §§ 625–626, 646; United States § 91.]