registered investment company

registered investment company definition - business

registered investment company

An investment company that is registered with the SEC and meets the requirements of the Investment Company Act of 1940 with respect to income distribution, fee structure, and diversification of assets.

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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