HyperDic: face-amount_certificate_company

English > 1 sense of the expression face-amount certificate company:
NOUNgroupface-amount certificate companya regulated investment company that pays a stated amount to certificate holders on a stated maturity date
English > face-amount certificate company: 1 sense > noun 1, group
MeaningA regulated investment company that pays a stated amount to certificate holders on a stated maturity date.
Broaderinvestment company, investment trust, investment firm, fundA financial institution that sells shares to individuals and invests in securities issued by other companies

©2001-24 · HyperDic hyper-dictionary · Contact

English | Spanish | Catalan
Privacy | Robots

Valid XHTML 1.0 Strict