mezzanine debt - Mezzanine Debts are debts that
incorporates equity-based options, such as warrants,
with a lower-priority debt. Mezzanine debt is actually
closer to equity than debt, in that the debt is
usually only of importance in the event of bankruptcy.
Mezzanine debt is often used to finance acquisitions
and buyouts, where it can be used to prioritize
new owners ahead of existing owners in the event
that a bankruptcy occurs.