investment 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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World English Dictionary
investment trust
 
n
a financial enterprise that invests its subscribed capital in securities for its investors' benefit

Collins English Dictionary - Complete & Unabridged 10th Edition
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