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equities |
Also found in: Medical, Legal, Financial, Encyclopedia, Wikipedia | 0.07 sec. |
equities Noun, pl same as ordinary shares
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| Equities were the largest investment in the aggregate portfolio of state and local pension plans in 1999 and represented 67 percent of the $3 trillion in aggregate state and local pension assets. Private equity investors tend to be value-added investors, sometimes in sharp contrast to the peripatetic traders and "gunslinger" money managers who own vast amounts of public equities. A non-diversified, actively-managed closed-end investment company investing primarily in equities. |
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