Updated: Aug 20, 2021

A fairly vague term used to describe those persons with considerable private means or with access to large sums of money whose principal business it is to invest those funds in the energy and innovatory skills of others with the minimum risk and the maximum profit to themselves.

Reference: The Penguin Business Dictionary, 3rd edt.

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James Knight
Editor of Education
James is the Editor of Education for Invezz, where he covers topics from across the financial world, from the stock market, to cryptocurrency, to macroeconomic markets.... read more.