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minority enterprise small business investment companies (MESBICS)

MESBICs (Minority Enterprise Small Business Investment Companies) are government-chartered venture firms that can invest only in companies that are at least 51 percent owned by members of a minority group or persons recognized by the rules that govern MESBICs to be "economically disadvantaged."

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The programs, procedures, rules, and associated documentation pertaining to the operation of a system. See also hardware.