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investment company
noun
: a company whose primary business is holding securities of other companies purely for investment purposes compare holding company
Examples of investment company in a Sentence
Recent Examples on the Web
The company operates as a business development company under the Investment Company Act of 1940 and has elected to be treated as a regulated investment company for tax purposes.
—Quartz Bot, Quartz, 19 Nov. 2024
Of that, nearly half, $125,000, came from Vince Kolber, former chairman of the Illinois Republican Party’s Finance Committee, founder of air and rail investment company Residco and a GOP candidate for Congress in 2014 and 2016 who lost both times to Democratic U.S. Rep. Mike Quigley.
—A.d. Quig, Chicago Tribune, 30 Oct. 2024
Sotheby’s has closed a deal, previously announced this summer, for Abu Dhabi’s sovereign wealth fund and investment company, ADQ, to acquire a minority stake in the auction house.
—Daniel Cassady, ARTnews.com, 30 Oct. 2024
Aaron Damiano Sparkes is the founder and CEO of Whisky 1901, a leading Scotch whisky investment company headquartered in London.
—Aaron Damiano Sparkes, Forbes, 29 Oct. 2024
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Word History
First Known Use
circa 1917, in the meaning defined above
Time Traveler
The first known use of investment company was
circa 1917
Dictionary Entries Near investment company
Cite this Entry
“Investment company.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/investment%20company. Accessed 28 Nov. 2024.
Legal Definition
investment company
see company
More from Merriam-Webster on investment company
Britannica.com: Encyclopedia article about investment company
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