evergreen fund
Britishnoun
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
This year, the asset manager is launching what it describes as the world's first "evergreen" fund to invest in vintage vehicles, and says it'll only bet on cars worth more than 1 million euros each.
From Reuters
The proposal calls for raising $500 million over five years to create the New Jersey Innovation Evergreen Fund.
From New York Times
The E.D.A. is under Mr. Murphy’s control, enabling him to create the New Jersey Innovation Evergreen Fund without the approval of another branch of government.
From New York Times
An evergreen fund: Tola, founded in 2010, manages more than $341 million in two funds, raised from endowments and foundations.
From Seattle Times
"Let's take the profits back and turn it into an evergreen fund," Silver suggests.
From Scientific American
Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.
