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

bright spark

a person who is intelligent, and full of energy and enthusiasm

Word of the Day

Highly delighted, bitterly disappointed, ridiculously cheap: adverbs for emphasis.

by Liz Walter,
October 22, 2014
We often make adjectives stronger by putting an adverb in front of them. The most common ones are very and, for a stronger meaning, extremely: He was very pleased. The ship is extremely large. However, we don’t use very or extremely for adjectives that already have a strong meaning, for example fantastic,

Read More 

life tracking noun

October 20, 2014
the use of one or more devices or apps to monitor health, exercise, how time is spent, etc.

Read More