collective investment scheme
Word Rarity
Uncommon
Frequency: Zipf frequency 4.04 in modern English
45
Scrabble Score
26
Letters
6
Syllables
11
Unique Chars
Meaning
noun
A way of investing money with other people to participate in a wider range of investments than may be feasible for an individual investor, and to share the costs of doing so.
British usage
Example Sentences
- "The definition of primary importance is of course the definition of "collective investment scheme" itself. That is to be found in s.235 of FSMA 2000."
- "If a fund is structured as a collective investment scheme, it cannot be marketed to the general public unless it is authorized."
Usage
- British usage