INVESTMENT

INVESTMENT

investment.

1. An expenditure to acquire property or assets to produce revenue; a capital outlay. [Cases: Contracts 193.]

fixed-dollar investment. An investment whose value is the same when sold as it was when purchased. ? Examples are bonds held to maturity, certain government securities, and savings accounts.

fixed-income investment. An investment (including preferred stock) that pays a fixed dividend throughout its life and is not redeemable unless the corporation makes a special call.

net investment.

1. The net cash required to start a new project.

2. The gross investment in capital goods less capital consumption, including depreciation.

2. The asset acquired or the sum invested.

3. INVESTITURE(1).

4. LIVERY OF SEISIN.


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