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INVESTMENT LETTER
Pronunciation (US): | (GB): |
I. (noun)
Sense 1
Meaning:
A letter of intent saying that a letter security is being bought for investment and not for resale; avoids need for SEC registration
Classified under:
Nouns denoting possession and transfer of possession
Hypernyms ("investment letter" is a kind of...):
letter of intent (any letter expressing an intention to take (or forgo) some action)