Definition of investment company
: a company whose primary business is holding securities of other companies purely for investment purposes — compare holding company
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Recent Examples of investment company from the Web
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The former senior executive team of AmREIT has launched a new investment company targeting retail and mixed-use properties in wealthy neighborhoods with dense populations.
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SoftBank, a large technology investment company with stakes in such companies as Uber, will invest $2.25 billion in GM Cruise, and GM will invest $1.1 billion in GM Cruise, its self-driving arm, when the transaction closes at the end of June.
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In October, the hotel was sold to IMH Financial Corporation, a hospitality investment company out of Arizona that previously managed resorts like L’Auberge de Sedona and Orchards Inn, both in Sedona.
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According to a statement filed with his plea deal, Gignac and his partners created a fraudulent investment company, Marden Williams International, in 2015 for purportedly legitimate business opportunities around the world.
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Later, records show, investment companies affiliated with Mr. Wang acquired majority ownership of West Coast Golf, which grew from a single golf course into a large property development with luxury villas.
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Bevin bought the property from a company of Neil Ramsey, the president of an investment company and donor to Bevin political committees whom Bevin appointed in 2016 to the board of the Kentucky Retirement Systems.
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There’s also the Securities Industry and Financial Markets Association, which represents asset managers and other investment companies in addition to banks.
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As a telecommuter for a Southern California real estate investment company, Alexander works from a home office.
These example sentences are selected automatically from various online news sources to reflect current usage of the word 'investment company.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.
First Known Use of investment company
circa 1917
Law Dictionary
Learn More about investment company
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Britannica.com: Encyclopedia article about investment company
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