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a financial institution that deals chiefly in the underwriting of new securities.


Read Also:

  • Investment bond

    noun 1. a single-premium life-assurance policy in which a fixed sum is invested in an asset-backed fund

  • Investment-casting

    noun, Metallurgy. 1. a casting process in which an expendable pattern is surrounded by an investment compound and then baked so that the investment is hardened to form a mold and the pattern material may be melted and run off.

  • Investment-company

    noun 1. a company that invests its funds in other companies and issues its own securities against these investments.

  • Investment grade

    noun a level of credit rating for stocks considered to have minimal risk for investors

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