investment. 1. An expenditure to acquire property or assets to produce revenue; a capital

outlay. [Cases: Contracts 193.]

fixed-dollar investment.An investment whose value is the same when sold as it was when purchased. • Examples are bonds held to maturity, certain government securities, and savings accounts.

fixed-income investment.An investment (including preferred stock) that pays a fixed

dividend throughout its life and is not redeemable unless the corporation makes a special call.

net investment. 1. The net cash required to start a new project. 2. The gross investment in

capital goods less capital consumption, including depreciation.

2. The asset acquired or the sum invested. 3.INVESTITURE(1).4.LIVERY OF SEISIN.

[Blacks Law 8th]