PASSIVE INVESTMENT COMPANY - ACCOUNTING RETURN ON INVESTMENT.
Passive Investment Company
Passive management (also called passive investing) is a financial strategy in which a fund manager makes as few portfolio decisions as possible, in order to minimize transaction costs, including the incidence of capital gains tax.. Retrieved May 20, 2010.
(Passive investing) A ‘buy-and-hold’ approach to investment, rather than seeking to forecast potential short- term returns.
(Passive investing) Putting money into a profitable business opportunity that is deemed passive by the IRS and thus benefits from tax deductions.
Accompany (someone)
be a companion to somebody
small military unit; usually two or three platoons
Associate with; keep company with
an institution created to conduct business; "he only invests in large well-established companies"; "he started the company in his garage"