face-amount certificate company


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Related to face-amount certificate company: investment company
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.face-amount certificate company - a regulated investment company that pays a stated amount to certificate holders on a stated maturity date
investment company, investment firm, investment trust, fund - a financial institution that sells shares to individuals and invests in securities issued by other companies
References in periodicals archive ?
The Company is a face-amount certificate company registered under the Investment Company Act of 1940 that issues fixed-rate face-amount certificates.