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trustee investment

British  

noun

  1. stock exchange an investment in which trustees are authorized to invest money belonging to a trust fund

"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

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"My dear," said her husband, "if the expenditure of that sum were to ensure me a breakfast the very sight of which did not make my gorge rise, I should regard it as a trustee investment."

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Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023

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