Business / Taxes / Investment Company: An investment company is a firm that offers open-end funds, called mutual funds, closed-end funds, sometimes called investment trusts, or exchange traded funds to the public. By describing a company offering the funds as an investment company, it's easier to distinguish the company from the funds that it offers. For example, a single investment company might offer an aggressive-growth fund, a growth and income fund, a US Treasury bond fund, and a money market fund. Or a closed-end investment company might offer an international fund focused on a single country, such as Ireland, or a region, such as Latin America.
Company Noun Synonyms: companionship, society, fellowship, attendance, presence, associates, friends, companions, comrades
Business / Finance / Net Investment Income Per Share: Income received by an investment company from dividends and interest on investments less administrative expenses, divided by the number of outstanding shares. MORE
Business / Finance / Leveraged Investment Company: An investment company or mutual fund entitled to borrow capital for its operations. Also, an investment company that issues both income shares and capital shares. MORE