Collective Investment Funds (cifs),
How Do You Define Collective Investment Funds (cifs)?
A Collective Investment Fund (CIF) is a trust established and managed by a bank or trust company that caters to the assets of different clients. Federal securities regulations generally require companies that collect securities to register these deposited vehicles (such as mutual funds) with the SEC. However, Congress has exempted the registration requirements of these CIFs, provided that the funding company is a bank or other authorized company and participation in the fund is limited to the customers to whom the exemption applies. When these restrictions are enforced, the CIF is exempt from the SEC's registration and reporting requirements. See related questions about mutual funds.
Literal Meanings of Collective Investment Funds (cifs)
Meanings of Collective:
A cooperative enterprise
Developed by people working in groups.
Sentences of Collective
Anarkest Collective and Bookstore
Synonyms of Collective
kibbutz, collective, cooperative, community, co-op, communal settlement, fellowship
Meanings of Investment:
The act or process of investing money for material gain or results.
Siege of a place by enemy forces to encircle or stop it.
Sentences of Investment
Discussion on private investment in road construction
Synonyms of Investment
Meanings of Funds:
Paying for a specific purpose.
The amount of savings or money available for a specific purpose.
Sentences of Funds
The World Bank refused to finance the project
Created Economic Investment Coordination Fund
Synonyms of Funds
finance, kitty, put up the money for, underwrite, sponsor, subsidize, pool, maintain, provide capital for, support, float, collection, capitalize, back, reserve, be a patron of, purse, endow, provide finance for, pay for