collective investment
nounUK /kəˈlɛk.tɪv ɪnˈvɛst.mənt/
US /kəˈlɛk.tɪv ɪnˈvɛst.mənt/
A way for many people to put their money together so it can be invested as one big pile.
She joined a collective investment to buy shares with her friends.
OTHER MEANINGS
2. A financial product where a professional manager invests money on behalf of many small investors.
The bank offers a collective investment that spreads risk across many companies.
3. The act of several investors combining their capital to buy larger assets than any one could afford alone.
Their collective investment let them purchase an entire apartment building.
4. A legal arrangement pooling money from the public for a common investment goal.
Regulations require every collective investment to publish its fees clearly.