in-vestment trust

investment company

noun
a company that invests its funds in other companies and issues its own securities against these investments.
Also called investment trust.


Origin:
1930–35

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Based on the Random House Dictionary, © Random House, Inc. 2014.
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WordNet
investment company

noun
a financial institution that sells shares to individuals and invests in securities issued by other companies 
WordNet® 3.0, © 2006 by Princeton University.
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