income-equity fund

income-equity fund definition - business

income-equity fund

An investment company that invests primarily in the equities of companies with good records of paying dividends so as to produce a high level of current income for shareholders.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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