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Definition Of:

Collective Investment Fund

Financial DictionaryUNODC Money-Laundering Terms Dictionary
A term used broadly to describe any fund which consists of shared or common ownership among participating accounts. Common trust funds and commingled employee benefit funds (pooled funds) of banks and trust companies are examples of CIF's.
Copyright © 2005 UNODC - United Nations Office on Drugs and Crime.
See also: HA , P&S , NACT , KBH , IAGX

 

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List of Terms: Terms beginning with "A", Page 1

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A-D
A.I.B.D.
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AACE
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