(British, finance) A way of investing money with other people to participate in a wider range of investments than may be feasible for an individual investor, and to share the costs of doing so.
The definition of primary importance is of course the definition of "collective investment scheme" itself. That is to be found in s.235 of FSMA 2000.
No comments yet — say something.
Add your own interpretation of "collective investment scheme".
UK and Irish slang — Cockney, Scouse, Geordie, Yorkshire, Glaswegian, Brummie, Welsh, West Country, plus Irish English. Centuries of regional dialects feeding into modern British and Irish street talk.
See all British & Irish slang slang on Slangora.
Browse all slang words starting with C.