authorized investment fund

(UK also authorised investment fund)

noun [C] (also authorized fund)

Definition

› FINANCE an amount of money invested in a range of shares, bonds, etc. for a group of small investors: The investment rules for ISAs and Authorised Investment Funds are being relaxed. → See also unit trust

(Definition of authorized investment fund noun from the Cambridge Business English Dictionary © Cambridge University Press)

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authorization code noun
authorization noun
authorize verb
authorized capital noun
authorized fund noun
authorized investment fund noun
authorized issue noun
authorized share capital noun
authorized shares noun
authorized stock noun
auto adjective

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