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The American Heritage Dictionary of Business Terms » leveraged investment company
leveraged investment company
leveraged investment company definition - business
leveraged investment company
- An investment company that uses borrowed money to acquire securities. Leveraged investment companies produce more volatile returns for their shareholders than do investment companies not using debt financing.
- See dual purpose fund.
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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