FACE-AMOUNT CERTIFICATE COMPANY

IPA (US):

 Dictionary entry overview: What does face-amount certificate company mean? 

• FACE-AMOUNT CERTIFICATE COMPANY (noun)
  The noun FACE-AMOUNT CERTIFICATE COMPANY has 1 sense:

1. a regulated investment company that pays a stated amount to certificate holders on a stated maturity date

  Familiarity information: FACE-AMOUNT CERTIFICATE COMPANY used as a noun is very rare.

 Dictionary entry details 

• FACE-AMOUNT CERTIFICATE COMPANY (noun)

Sense 1

Meaning:

A regulated investment company that pays a stated amount to certificate holders on a stated maturity date

Classified under:

Nouns denoting groupings of people or objects

Hypernyms ("face-amount certificate company" is a kind of...):

fund; investment company; investment firm; investment trust (a financial institution that sells shares to individuals and invests in securities issued by other companies)