Dictionary.com
Thesaurus.com
Showing results for evergreen fund. Search instead for evergreen+wood+fern.

evergreen fund

British  

noun

  1. a fund that provides capital for new companies and makes regular injections of capital to support their development

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

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 • Apr. 15, 2023

"Let's take the profits back and turn it into an evergreen fund," Silver suggests.

From Scientific American • Sep. 8, 2015

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.