| 释义 |
split-capital
adjective
FINANCE, STOCK MARKET UK(alsosplit capital)ukus(alsosplit-cap)
used to describe an investment fund(= money collected to be invested in shares, bonds, etc.) with two types of shares: income shares(= ones that provide payments from profits) and growth shares(= ones whose value increases over time):
There have been problems when split-capital trusts invest heavily in each other.
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