Sovereign Wealth Fund
/ˈsɒvrɪn wɛlθ fʌnd/
Definitions
- (n.) A state-owned investment fund comprised of financial assets such as stocks, bonds, real estate, or other instruments, managed by a government to achieve long-term economic objectives.
The country's sovereign wealth fund invested heavily in renewable energy projects to diversify national revenue sources.
Forms
- sovereign wealth fund
- sovereign wealth funds
Related terms
See also
Commentary
Sovereign wealth funds differ from other public funds by being owned by the state and focused on long-term investment strategies rather than immediate budgetary spending.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.