sovereign wealth fund
Definitions
A state-owned investment fund investing in real and financial assets such as stocks, bonds, real estate, precious metals, etc.
Equivalents
2 more languages
ქართულისუვერენული სიმდიდრის ფონდი
Examples
“This week, BlackRock's Larry Fink noted that sovereign wealth funds had bought the dip by snapping up bitcoin while it traded just above $80,000, in a sign⟳ that parts of the investment community remained bullish even as prices fell to their lowest level in eight months.”
CEFR level
C1
Advanced
This word is part of the CEFR C1 vocabulary — advanced level.
This word is part of the CEFR C1 vocabulary — advanced level.
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