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What is known as investment?

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What is known as investment?

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Solution

From the word ‘to cloth, it's Latin ‘investire’ gave rise to a new term called investment. I came to mean the acquisition of financial or productive assets with the help of the capital. The general meaning of the investment is the application of a particular amount of capital for some profitable production.

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Chapter 13: The Modem Age in Europe: Industrial Revolution - Short Answer Questions

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Morning Star Total History and Civics [English] Class 9 ICSSE
Chapter 13 The Modem Age in Europe: Industrial Revolution
Short Answer Questions | Q 13

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