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OEIC

   Also found in: Acronyms 0.03 sec.
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OEIC
n abbr of open-ended investment company (Brit Fin) → Investmentgesellschaft f (mit eingeschränkten Befugnissen)


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A DIRECT share investment is riskier because you are buying one company's shares while a unit trust or OEIC allows you to be in a fund that invests in shares from a large number of firms.
A Direct share investment is riskier because you are buying one company's shares while a unit trust or OEIC allows you to be in a fund that invests in shares from a large number of companies.
Nico has acquired the 10% equity from OEIC, an affiliate of state-owned National Iranian Oil Co.
 
 
 
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