investment company
noun
a company that invests its funds in other companies and issues its own securities against these investments.
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What does "scattergood" mean?
a person who acts as though he or she knows everything and who dismisses the opinions, comments, or suggestions of others.
a person who spends possessions or money extravagantly or wastefully; spendthrift.
a well-intentioned but naive and often ineffectual social or political reformer.
TAKE THE QUIZ TO FIND OUTAlso called investment trust.
Origin of investment company
First recorded in 1930–35
Words nearby investment company
investment, investment analyst, investment bank, investment bond, investment casting, investment company, investment compound, investment tax credit, investment trust, inveteracy, inveterate
Dictionary.com Unabridged
Based on the Random House Unabridged Dictionary, © Random House, Inc. 2020
British Dictionary definitions for investment trust
investment trust
noun
a financial enterprise that invests its subscribed capital in securities for its investors' benefit
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
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