private equity fund

[ prahy-vit ek-wi-tee fuhnd ]
/ ˈpraɪ vɪt ˈɛk wɪ ti ˌfʌnd /

noun

an investment partnership that invests directly in private companies, with a profit objective based on the long-term potential.

QUIZZES

BECOME A PRO CHEF WITH THIS EXQUISITE CUISINE QUIZ!

Even if you can't be a professional chef, you can at least talk like one with this vocabulary quiz.
Question 1 of 9
You may have read the word "simmer" in a recipe or two, but what does it really mean?

Origin of private equity fund

First recorded in 1990–95
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2020