Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “dual-purpose fund”

dual-purpose fund

noun [C]
 
 
FINANCE
an investment that consists of two types of shares, one type that pays the investor part of the company's profit and one type that goes up or down in value as the value of the shares goes up or down: They offer dual-purpose funds which offer enhanced income with reduced risk.
(Definition of dual-purpose fund from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of dual-purpose fund?
Add Cambridge dictionaries to your browser to your website

Word of the Day

lamb

a young sheep, or the flesh of a young sheep eaten as meat

Word of the Day

The way we move (Verbs for walking and running)

by Kate Woodford,
March 25, 2015
​​​ This week we’re looking at interesting ways to describe the way that people move. Most of the verbs that we’ll be considering describe how fast or slow people move. Others describe the attitude or state of mind of the person walking or running. Some describe both. Starting with verbs for walking slowly,

Read More 

stackin’ p

March 30, 2015
idiom slang earning a lot of money ‘That’s a very generous present.”Yeah, well, she’s stackin’ p, innit?’

Read More